Loan & Debt1 Jul 2026, 12:20 pm
Bajaj Housing Finance Allots ₹2,500.84 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd has announced the allotment of 2,50,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size aggregates to ₹2,500.8458 crore, with each NCD having a face value of ₹1,00,000. These NCDs carry a coupon rate of 7.64% per annum, payable annually and on maturity. The tenure of the instrument is 1,461 days, with a maturity date of July 1, 2030. The debentures 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.
Key Highlights
- Allotment of NCDs worth ₹2,500.84 crore via private placement.
- NCDs have a tenure of 1,461 days and mature on July 1, 2030.
- Coupon rate offered is 7.64% per annum, payable annually and on maturity.
- Debentures are secured by a charge on book debts/loan receivables.
- Proposed to be listed on the Wholesale Debt Market Segment of BSE.
Price Impact
More from BAJAJHFL