IIFL Finance Opens Rs. 2,000 Crore Bond Issue with Attractive 9% Yield
Chennai, February 16, 2026: IIFL Finance Limited, one of India’s leading non-banking financial companies (NBFCs), has announced the launch of a public issue of secured redeemable non-convertible debentures (NCDs), opening on Tuesday, February 17, 2026. The base issue size is ₹500 crore, with a green-shoe option to retain oversubscription up to ₹1,500 crore, aggregating to a total of ₹2,000 crore. The proceeds from the issue will be utilized for business growth and capital augmentation. (L to R) S.Hariharan, Director, IIFL Capital; T.G.Karthik, Zonal Head, IIFL Finance The NCDs offer an effective yield of up to 9% per annum, with tenure options of 24 months, 36 months, and 60 months. Investors can choose from multiple interest payment options, including monthly, annual, and cumulative (payable at maturity). The proposed issue has been rated CRISIL AA/Stable by CRISIL Ratings and BWR AA+ (Stable) by Brickwork Ratings, indicating a high degree of safety regarding timely servicing of finan...