Bajaj Finance Ltd on Thursday said it has raised Rs 755 crore by issuing bonds on a private placement basis.
Details of Bond
The Company has allotted 7,550 secured redeemable non-convertible debentures(NCDs) of face value of Rs 10 lakh each.
Tenure and Coupon Rate
The bonds, having tenor of 729 days, will bear coupon rate of 4.66 per cent per annum
Crisil Rating
The NCDs are rated Crisil AAA with stable outlook by Crisil Ltd
Stock Market Impact
Shares of Bajaj Finance on Thursday closed 0.94 per cent higher at Rs 4,867.55 apiece on the BSE.
Press the Bell Icon for notifications of all updates
