By Sarah Lizee
Olympia, Wash., Oct. 10 – Bajaj Finance Ltd. allotted Rs. 10 billion of 7.46% secured redeemable nonconvertible debentures due Nov. 18, 2024, according to a notice.
The 10,000 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. 10 billion
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| Maturity: | Nov. 18, 2024
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| Coupon: | 7.46%
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| Price: | Par of Rs. 1 million
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| Allotment date: | Oct. 10
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