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IIFL Finance Ltd - Intimation Of Buy Back Of Secured Notes ('Notes') Under The USD 1,000,000,000 Secured Medium Term Note Programme By India Infoline Finance Limited


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01 Apr 2020
This is to inform you that India Infoline Finance Limited (the merged subsidiary of the Company) had purchased it's own Notes, listed at Singapore Exchange Securities Trading Limited (SGX-ST), amounting to USD 15 million (nominal value) through open market and further initiated for cancellation of notes.<BR> <BR> Repurchase of Notes was in compliance with the applicable laws including Master Directions on External Commercial Borrowings, Trade Credits and Structured Obligations issued by the Reserve Bank of India on March 26, 2019 and was within the limit as approved by Authorised Dealer bank (AD - Bank) i.e. USD 15 million for the period ending March 31 2020.<BR> <BR> Kindly take note of the same oblige.<BR>

Source: BSE India

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