Loan & Debt4 Nov 2026, 02:02 pm
Bajaj Housing Finance Allots ₹3,002.68 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd has announced the allotment of 3,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size is ₹3,002.6837 crore, including premium, with a face value of ₹1,00,000 per NCD. These debentures carry an annual coupon rate of 8.68% and will mature on November 4, 2036, after a tenure of 3,653 days. The repayment of principal and interest is secured by a first pari-passu charge on the company's book debts/loan receivables. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
Key Highlights
- Allotted ₹3,002.68 crore in Secured Redeemable NCDs.
- NCDs carry an 8.68% annual interest rate.
- Maturity date set for November 4, 2036.
- Secured by a charge on book debts/loan receivables.
- Proposed to be listed on BSE Wholesale Debt Market.
Price Impact
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