💨 Abstract

IIFL Finance, an Indian non-banking finance company, has accepted $100 million in bids for the reissue of its 2028 dollar-denominated bonds at a yield of 8.35%, lower than the marketed range of 8.30%-8.40%. The company received bids worth around $430 million.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖