
IIFL Finance fully repays USD 400 mn bonds
Mumbai: Fairfax-backed IIFL Finance on Friday said it has fully repaid its maiden USD 400 million bond on maturity this month. The retail focused non-bank had raised the money as part of its medium-term note programme in February 2020. Kapish Jain, its group chief financial officer, said the company had pre-paid a portion of the…