Infomerics reaffirms, assigns credit ratings for IIFL Finance debt instruments

Infomerics Valuation and Rating Limited has assigned an "IVR AA/Stable" rating to IIFL Finance Limited's proposed Perpetual Debt Instrument (PDI) amounting to INR 150 crore. This new rating highlights the company's financial stability and outlook for future debt issuances.

Additionally, Infomerics reaffirmed its "IVR A1+" rating for the company's proposed Commercial Paper Issue, which totals INR 5,000 crore. The rating agency also reaffirmed an "IVR AA/Stable" rating for existing PDI amounting to INR 500 crore. These reaffirmations underscore Infomerics' continued confidence in IIFL Finance Limited's creditworthiness.

The credit ratings were communicated to both the BSE Limited and the National Stock Exchange of India Ltd. in compliance with SEBI Regulations, 2015. Further details regarding these ratings are available on Infomerics' website.