IIFL Home Finance plans to raise ₹3,000 crore through a public bond issue in October.

IIFL Home Finance aims to raise ₹3,000 crore (about $358 million) through a public bond issue, as detailed in a draft prospectus filed on October 1. Lead managers Trust Investment Advisors and IIFL Securities have received an AA rating from Crisil and India Ratings. The company plans to raise a total of ₹10,000 crore in debt from October to March, recovering from a recent gold loan ban by the Reserve Bank of India that was lifted last month.

October 01, 2024
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