IIFL Finance Limited 8.7% 2027 Bond

ISININE866I08246

IIFL FINANCE LIMITED SR-U03 8.7 NCD 19NV27 FVRS10LAC

IIFL Finance Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 57 of its bonds, 2 available on Grip.

Key terms

Issue date: 21 Nov 2017
Interest basis: Simple
Instrument: Debentures
Mode of issue: Private Placement
Series: SERIES U03
Sector: Non-Banking Financial Company (NBFC)
Issuer type: Corporate

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

ICRA AA / NegativeCRISIL AA / StableCARE: rating withdrawn

AAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CARE WITHDRAWN/No Outlook;ICRA AA/Negative;CRISIL AA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 8.63% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 19 Nov 2027; final payment ₹10,87,000 per bond.

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Key terms

What the rating means

Price, yield & cashflows

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