IIFL Finance Limited

Leasing and Rental

corporate

Tenure
5Y 4M
About Issuer
This AA rated bond from IIFL Finance Limited, a corporate, offers a Fixed coupon of 8.33% with maturity on 30 June 2031. Issued through the Private placement as under ISIN INE530B07104, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Summary
Interest
Interest
Half Yearly
Principal
Principal
At maturity
COUPON RATE
8.33%
FACE VALUE
₹10,00,000
MATURITY DATE
30 Jun 2031
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE530B07104
Credit rating
Rating
AA
Rating Agency
CRISIL
Date of Rating
12 Jul 2024
Other details
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