Bajaj Finance Limited — QIP/Rights/Pref., 22-05-2025: Issue of Securities

Bajaj Finance is raising ₹9,371.27 Cr via a private placement of 9,26,500 secured redeemable non-convertible debentures at ₹1 lakh each. The issue has two options: 5-year NCDs worth ₹3,802.44 Cr with a 7.38% annual coupon, and 3-year NCDs worth ₹5,568.83 Cr with a 7.3763% annual coupon. Proceeds are backed by loan receivables and will be used for general corporate purposes. These debentures will be listed on BSE’s Wholesale Debt Market.