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IIFL Finance repays $400 million bond

21 Apr 2023 Evaluate

IIFL Finance has fully repaid its maiden $400 million bond on maturity this month. The company had raised the money as part of its medium-term note programme in February 2020. Earlier this month, the company had secured $100 million in long-term funding from Export Development Canada and Deutsche Bank.

The company had a loan book of Rs 57,941 crore in December 2022. It offers home loans, gold loans, digital loans and micro finance loans.

IIFL Finance is an Indian diversified financial services company.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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