IIFL Finance Revives 750 Million Dollar Global Bond Plan
IIFL Finance has revived its plan to raise 750 million dollars via three-year bonds. The lender will meet investors this week to help diversify funding sources.
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IIFL FINANCE LTD is meeting investors this week to revive a $750 million dollar-bond issuance. The India-based lender previously shelved the three-year bond plan in March after conflict in Iran spiked global yields. Success would help IIFL Finance lift its external borrowing share to 20% from the current 13% level.
