By Sarah Lizee
Olympia, Wash., Nov. 6 – Bajaj Finance Ltd. allotted Rs. 16 billion of 9.11% partly-paid unsecured redeemable nonconvertible debentures due 2033, according to a notice.
The debentures will be listed on the wholesale debt market segment of the BSE Ltd.
The company’s debenture allotment committee approved the issue at a meeting on Tuesday.
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: | Partly-paid unsecured redeemable nonconvertible debentures
|
| Amount: | Rs. 16 billion
|
| Tenor: | 5,475 days
|
| Maturity: | Nov. 2, 2033
|
| Coupon: | 9.11%
|
| Allotment date: | Nov. 6
|
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