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Published on 4/27/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

India’s IIFL buys back some 5 7/8% secured notes due 2023

By Rebecca Melvin

Concord, N.H., April 27 – IIFL Finance Ltd. has repurchased $2,804,000 of its 5 7/8% secured notes due April 20, 2023 through the open market and is canceling the notes, according to a notice.

The notes are listed on the Singapore Exchange.

IIFL originally issued $400 million of the series 01 notes under its $1 billion medium-term note program.

The financial services company is based in Mumbai.


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