General Announcement::Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended from time to time

Issuer & Securities

Issuer/ Manager
IIFL FINANCE LIMITED
Securities
IIFL FINANCE US$400M5.875%N230420 - XS2113454115 - Y5BB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
29-Sep-2020 17:46:38
Status
New
Announcement Sub Title
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended from time to time
Announcement Reference
SG200929OTHRHI1P
Submitted By (Co./ Ind. Name)
IIFL Finance Limited/ Jayesh Sharma
Designation
Company Secretary
Effective Date and Time of the event
29/09/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
We would like to inform that international credit rating agency viz Moody's Investors Service ( Moody's ) has revised/changed the corporate family rating of the Company to B2 from B1 and senior secured debt rating to B2 from B1. Moody's has also revised/changed the senior secured medium-term note program rating of the Company to (P)B2 from (P)B1.

The rating outlook has been changed to stable from rating under review.

The press release on ratings by Moody's is enclosed.

Kindly take the same on record and oblige.

Attachments

SEIntimationMoodysRating.pdf
Total size =334K