IIFL Finance plans to raise up to $150 million by reissuing its 8.75% 2028 dollar-denominated bonds, according to sources familiar with the matter. The company has begun marketing the issue and may sell the bonds at yields between 8.30% and 8.40%. The bonds are rated B+ by S&P and Fitch Ratings, matching the issuer's ratings. IIFL had originally raised $325 million by selling the notes in January. (Source: Reuters)
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