Fairfax arm infuses Rs 500 crore into IIFL Finance

April 16, 2024

Fairfax’s Odyssey Reinsurance offers Rs 500 crore debt to IIFL Finance for gold loans. Prem Watsa’s subsidiary provides secured, rated bonds at 9.5% coupon. ET’s comment requests to IIFL Finance and Fairfax go unanswered.

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