IIFL Finance Limited — QIP/Rights/Pref., 03-12-2024: Allotment of Securities

IIFL Finance has announced the allotment of 60,000 secured, listed, rated, redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating ₹600 Crore, on a private placement basis. The allotment is effective immediately, with a maturity date set for December 3, 2026, and a coupon rate of 9.80% per annum. Interest payments are scheduled quarterly from March 2025 until maturity. These NCDs will be listed on the National Stock Exchange of India, contributing to IIFL's financing activities and capital structure enhancement.