Dollar Bond Revival: IIFL Finance Plots Strategic 2028 Debt Refinancing

IIFL Finance is gearing up to tap international capital markets, with plans to raise up to $150 million through a strategic reissue of its existing dollar-denominated bonds. The financial services company is set to relaunch its 8.75% bonds maturing in 2028, according to insider sources who spoke on condition of anonymity.
The potential bond reissue signals IIFL Finance's confidence in its financial strategy and ability to attract global investor interest. By leveraging these dollar-denominated bonds, the company aims to strengthen its capital position and potentially fund expansion initiatives.
Investors and market watchers are closely monitoring this development, which comes at a time of dynamic shifts in the financial landscape. The precise timing and final quantum of the bond reissue are still being finalized, but sources suggest the move could materialize in the coming weeks.
This strategic financial maneuver underscores IIFL Finance's proactive approach to capital management and its continued growth ambitions in the competitive financial services sector.