Bajaj Finance Allots ₹1,455.4 Cr NCDs on Private Placement

Bajaj Finance Ltd has allotted 1,39,000 Secured Redeemable Non-Convertible Debentures (NCDs) worth ₹1,455.40 Crore on a private placement basis. The NCDs have a face value of ₹1 Lakh each and were issued at ₹1,04,705.27 per NCD. The issue carries a coupon rate of 7.07% per annum, payable annually, with maturity on September 21, 2028. These debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The allotment was approved by the Debenture Allotment Committee.