Deal Announcement
Khaitan & Co advised IIFL Finance Ltd on tap issuance of USD 100 million 8.75% senior secured fixed rate notes due 2028 under Regulation S of the US Securities Act, 1933. These Notes have been issued under IIFL Finance’s existing USD 1 billion secured global medium term note programme established on Indian INX stock exchange in IFSC GIFT City and will be immediately fungible with its existing USD 325 million notes. The notes have been secured by a charge over certain identified receivables of the company and will be listed on the India INX stock exchange in IFSC GIFT City. HSBC acted as the manager in the transaction.
Deal Team
