IIFL Finance Limited's USD300 Million Senior Secured Notes Rated 'B+' by Fitch
IIFL Finance · Finance
Key highlights
- Fitch assigned a final rating of 'B+' and Recovery Rating of 'RR4' to IIFL Finance's USD300 million 7.6% senior secured notes due July 2030.
- Notes are secured by specified assets and receivables, with covenants requiring regulatory capital compliance and a net 90-day NPL ratio not exceeding 5%.
- The rating reflects Fitch's rating assigned on 2 July 2026 and is part of IIFL's USD1.5 billion Global Medium Term Note Programme.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Credit Rating
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from IIFL Finance
- Acquisition / mergerMajor developmentIIFL Finance Sept 2026 results; R Venkataraman re-designation awaits members' approval
- Acquisition / mergerMajor developmentIIFL Finance Q2 PAT ₹805.01 crore; Joint MD re-designation awaits members' approval
- Credit ratingNotableIIFL Finance Limited's Credit Rating Upgraded by Fitch Ratings to 'BB-'
- Financial resultsMajor developmentIIFL Finance reports June 2026 quarter results; Amit Sharma steps down
- Fundraise / allotmentNotableIIFL Finance Limited allots USD 300 million Fixed Rate Senior Secured Notes
Other credit rating filings this fortnight
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- Mangalam Global: Infomerics rates loans Rs. 248.45 Crore IVR BBB/Negative, Issuer Not Cooperating
- Shree Refrigerations Limited H1 FY27 Net Profit Up 360.9%; CARE Upgrades Rating
- IDBI Bank's long-term rating placed on Watch with Developing Implications by ICRA
- Archean Chemical's Rs.1531 crore bank facilities downgraded by CRISIL to A-/Stable
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.