💨 Abstract

IIFL Finance, a non-banking finance company in India, plans to raise up to $150 million by reissuing its 8.75% 2028 dollar-denominated bonds. The company is expected to sell the bonds at yields in the 8.30%-8.40% range. Proceeds from the issue will be utilized for lending purposes.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖