Bajaj Housing Finance Allots ₹807.8 Cr NCDs

Bajaj Housing Finance Ltd announced the allotment of 81,500 Secured Redeemable Non-Convertible Debentures (NCDs) with a face value of Rs. 1,00,000 each, totaling Rs. 807.8233 crore. The allotment was made on a private placement basis through its Debenture Allotment Committee. These NCDs carry a coupon rate of 7.79% per annum, with a tenure of 1,790 days (residual) and a maturity date of August 20, 2031. The repayment of these debentures is secured by a first pari-passu charge on the company's book debts and loan receivables. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.