BAJAJ FINANCE LTD. (BAJFINANCE)
Allotment of Secured Redeemable Non-Convertible Debentures on Private Placement Basis
Allotment of 1,02,500 secured redeemable non-convertible debentures aggregating Rs 1,025 crore on private placement basis. Tenor 10 years with put option after 3 years. Coupon rate 8.08% p.a., payable annually starting 20 May 2027. Debentures to be listed on BSE Wholesale Debt Market. Secured by first pari-passu charge on book debts/loan receivables with minimum 1.00x cover.
Source: Original filing PDF
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