Loan & Debt7 Jul 2026, 12:20 pm
Bajaj Housing Finance Allots ₹1,501 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd announced the allotment of 1,50,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis. The total issue size aggregates to ₹1,501.0655 crore, with each NCD having a face value of ₹1,00,000. The debentures carry a coupon rate of 7.53% per annum and have a tenure of 1,179 days, maturing on September 28, 2029. These NCDs are secured by a first pari-passu charge on book debts/loan receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The first interest payment is scheduled for September 28, 2026.
Key Highlights
- Allotment of ₹1,501.0655 crore in secured NCDs.
- NCDs carry a 7.53% annual coupon rate.
- Debentures have a tenure of 1,179 days, maturing in 2029.
- Proposed listing on BSE Wholesale Debt Market.
- Secured by a charge on book debts/loan receivables.
Price Impact
More from BAJAJHFL