General Announcement::Change in credit Rating

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
07-Apr-2023 19:26:04
Status
New
Announcement Sub Title
Change in credit Rating
Announcement Reference
SG230407OTHRQ50L
Submitted By (Co./ Ind. Name)
IIFL Finance Limited/Sneha Patwardhan
Designation
Company Secretary
Effective Date and Time of the event
06/04/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 and 51(2) read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) ( Listing Regulations ), we hereby inform you that Moody s Investors Service ( Moody s ), the credit rating agency, has upgraded the rating of IIFL Finance Limited ( the Company ), assigned to the long term corporate family and foreign currency senior secured debt to B1 from B2 and foreign and local currency senior secured medium term note program to (P) B1 from (P) B2.

The press release on ratings by Moody's is enclosed and the same has also been hosted on the website of the Company, i.e. www.iifl.com.

Kindly take the same on record and oblige.

Attachments

SEintimationCreditratingFinal.pdf
Total size =654K