IIFL Finance credit ratings reaffirmed, new perpetual debt instruments rated

Brickwork Ratings India Pvt. Ltd. (BWR) has reaffirmed its credit ratings for IIFL Finance Limited. The ratings include BWR AA+/Stable for Non-Convertible Debentures (NCDs) amounting to INR 3,022.04 crores and BWR AA/Stable for Perpetual Debt Instruments (PDI) totalling INR 500 crores.

Additionally, BWR has assigned a new rating of BWR AA/Stable for proposed Perpetual Debt Instruments amounting to INR 150 crores. These ratings reflect the company's financial health and stability within the market.

This reaffirmation and assignment by BWR are publicly available on their website and underscore IIFL Finance’s current credit profile, as communicated to both the BSE Limited and the National Stock Exchange of India Ltd.