IIFL Finance Limited — QIP/Rights/Pref., 06-12-2024: Allotment of Securities

IIFL Finance Limited has announced the allotment of 50 Unsecured Redeemable Non-Convertible Subordinated Debentures (Series D26) at a face value of INR 1 crore each, aggregating to INR 50 crore through private placement. These NCDs carry a coupon rate of 9.50% per annum, with interest payments scheduled semi-annually and the principal repayable at maturity on October 16, 2034. The debentures are proposed to be listed on the National Stock Exchange of India.