Loan & Debt12 May 2026, 01:04 pm
Bajaj Finance Allots ₹2892.42 Cr Secured NCDs
AI Summary
Bajaj Finance Ltd has allotted 2,89,200 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis, aggregating to ₹2892.42 crore. The allotment was made by the Debenture Allotment Committee on May 12, 2026. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited and are divided into two options with different tenures and coupon rates.
Key Highlights
- Bajaj Finance allotted 2,89,200 NCDs aggregating to ₹2892.42 crore on May 12, 2026.
- The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
- Option I includes 1,07,000 NCDs with a 7.77% coupon rate and maturity on April 17, 2029.
- Option II includes 1,82,200 NCDs with an 8.00% coupon rate and maturity on May 12, 2031.
- The debentures are secured by a first pari-passu charge on book debts/loan receivables.
Price Impact
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