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    IIFL — IIFL Finance News Story

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    India New Issue-IIFL Finance to issue multiple tenor bonds, bankers say

    Picture of IIFL Finance logoIIFL Finance
    20/06/2025 08:18
    MUMBAI, June 20 (Reuters) - India's IIFL Finance IIFL.NS plans to raise 6 billion rupees ($69.30 million), including a greenshoe option of 4.50 billion rupees, through the sale of bonds maturing in seven years and 10 years, three bankers said on Friday.

The company has invited bids from bankers and investors on Monday, they said.

IIFL Finance did not immediately respond to a Reuters request for comment.

 Here is the list of deals reported so far on June 20:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    IIFL Finance7 yearsTo be decided0.5+2.5June 23AA (Crisil)
    IIFL Finance10 yearsTo be decided1+2June 23AA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 86.5860 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Eileen Soreng)

 ((Dharamraj.dhutia@tr.com))

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