fintech / news / / The Economic Times
IIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arranging the deal.
IIFL Finance is planning to raise up to $400 million through external commercial borrowings.
KEY POINTS
- Standard Chartered, JPMorgan, and HSBC are arranging the proposed IIFL Finance funding.
- IIFL Finance's gold loan assets under management surged 150% year-on-year to ₹52,581 crore.
- The company is meeting investors in Singapore, Hong Kong, and other global markets this week.
- The planned fundraise may be priced at SOFR plus 225 basis points, mirroring a recent deal.
COMPANIES
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