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IIFL Finance Limited's Finance Committee has approved the issuance of senior secured fixed rate notes valued at USD 100 million. The notes, rated B+ by S&P and Fitch, aim to enhance the company's lending capacity and support growth. The tenure of the notes is set for 3 years, 4 months, and 13 days, maturing on July 24, 2028. An 8.75% annual coupon will be paid semi-annually, starting from July 24, 2025. The listing will be on the India International Exchange IFSC Limited. This strategic move could bolster IIFL's operational capacity, presenting a positive outlook for investors keen on the company's growth trajectory.