By Wendy Van Sickle
Columbus, Ohio, July 29 – Bajaj Finance Ltd. priced Rs. 1 billion of 8.47% five-year secured redeemable nonconvertible debentures on Thursday, according to a notice.
The debentures, with a face value of Rs. 1 million each, will be issued on a private placement basis and listed on the wholesale debt market segment of the BSE Ltd.
Bajaj Finance is a Pune, India-based company with a focus on consumer finance, small- and medium-sized enterprise finance, commercial lending and investment services.
| Issuer: | Bajaj Finance Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 1 billion
|
| Maturity: | July 28, 2021
|
| Coupon: | 8.47%
|
| Price: | Par of Rs. 1 million
|
| Allotment date: | July 28
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
