IIFL Finance Limited allotted Rs 130 crore in debentures under Series D37 Reissue I Back

<p>IIFL Finance Limited announced that its finance committee approved the allotment of 13,000 secured, listed, rated, redeemable, non-convertible debentures with a face value of Rs 100,000 each, aggregating to Rs 130 crore, under Series D37 Reissue I on a private placement basis. The debentures will be listed on the National Stock Exchange of India Limited and mature on September 1, 2028, with a coupon rate of 9.25% p.a.</p>