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Bajaj Housing Finance LimitedQIP/Rights/Pref., 20-12-2024: Issue of Securities

20-12-2024 | 11:33 am

Bajaj Housing Finance has allotted 50,000 Secured Redeemable Non-Convertible Debentures (NCDs) at a face value of ₹1,00,000 each, raising a total of ₹500 crore through private placement. The NCDs carry a coupon rate of 7.66% with interest payments scheduled annually, commencing March 20, 2025. The debentures, which are set to mature on March 20, 2028, are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. A first charge on book debts and loan receivables will secure the repayments.

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