Loan & Debt27 May 2026, 01:19 pm
Bajaj Housing Finance Allots ₹2,000.67 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd has allotted 2,00,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating to ₹2,000.6723 crore. The NCDs, with a face value of ₹1,00,000 each, are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The ISIN is INE377Y07656, with a tenure of 1,826 days, maturing on May 27, 2031. The coupon rate is 8.25% p.a., payable annually, secured by a first pari-passu charge on book debts/loan receivables.
Key Highlights
- Bajaj Housing Finance allots 2,00,000 NCDs totaling ₹2,000.6723 crore.
- NCDs have a face value of ₹1,00,000 each and are proposed to be listed on BSE.
- The NCDs carry an interest rate of 8.25% p.a., payable annually.
- NCDs are secured by a first pari-passu charge on book debts/loan receivables.
- The tenure of the instrument is 1,826 days, maturing on May 27, 2031.