By Susanna Moon
Chicago, Aug. 2 – Bajaj Finance Ltd. sold Rs. 250 million of 8.4% secured redeemable debentures due 2021 on Tuesday.
The company sold 250 debentures with a face value of Rs. 1 million each in a private placement, according to a notice.
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 debentures
|
| Amount: | Rs. 250 million
|
| Maturity: | Aug. 2, 2021
|
| Coupon: | 8.4%
|
| Price: | Par of Rs. 1 million
|
| Allotment date: | Aug. 2
|
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