by Amruth Sundarkumar | Jun 10, 2022 | Corporates, India
Abu Dhabi Investment Authority (ADIA) through its subsidiary has agreed to buy a 20% stake in IIFL Home Finance for INR 22bn ($280mn). The deal is valued at INR 110bn ($1.4bn) Non-Banking Financial Company IIFL Finance, is the parent company. In an exchange filing,...
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...
