by Amruth Sundarkumar | Apr 6, 2022 | High Yield Bonds, India, Investment Grade Bonds
Indian financial services company IIFL Finance bought-back $50mn of its 5.875% dollar bonds due 2023. IIFL Finance funded the buyback via an offshore short-term overseas loan facility extended by HSBC. The 5.875% 2023s were issued in February 2020 with IIFL raising...
by Amruth Sundarkumar | Mar 22, 2022 | High Yield Bonds, India
Indian diversified financial services company IIFL Finance, has approved the buy-back of its 5.875% dollar bonds due 2023, from its bondholders up to a maximum amount of $50mn in nominal value. IIFL Finance is financing the buyback through an offshore short-term...
