Bajaj Housing Finance Ltd Allots 50,000 NCDs Worth Rs. 503.4165 Crore

Bajaj Housing Finance Ltd has allotted 50,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total value of the NCDs is Rs. 503.4165 crore, including discount and accrued interest. The NCDs, with a face value of Rs. 1,00,000 each, will be listed on the Wholesale Debt Market Segment of BSE Limited. The tenure of the instrument is 1057 days (Residual), with the date of maturity set for 22 January 2029. The coupon/interest offered is 7.25% p.a., with coupon payment frequency set for annual payments, starting from 22nd January 2027. The debentures will be secured by a first pari-passu charge on book debts/loan receivables.