By Tali Rackner
Norfolk, Va., Jan. 13 – Bajaj Finance Ltd. priced Rs. 770 million of 7.7% secured redeemable nonconvertible debentures maturing on Jan. 13, 2022, according to a notice.
The 770 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.
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| Issue: | Secured redeemable nonconvertible debentures
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| Amount: | Rs. 770 million
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| Maturity: | Jan. 13, 2022
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| Coupon: | 7.7%
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| Price: | Par of Rs. 1 million
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| Allotment date: | Jan. 13
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