Bajaj Finance allots ₹1,555 crore in private placement debentures

Bajaj Finance Limited has announced the allotment of 155,500 secured redeemable non-convertible debentures (NCDs) worth ₹1,555 crore through a private placement. The Debenture Allotment Committee approved the allotment on September 29, 2025. These NCDs have a face value of ₹1 Lakh each.

The debentures, bearing an interest rate of 7.37% per annum, are set to mature on September 27, 2030, following their allotment date of September 29, 2025. Interest payments will commence on September 27, 2026, with annual payouts thereafter until maturity. The NCDs are slated for listing on the Wholesale Debt Market Segment of BSE Limited.

The NCDs are secured by a first pari-passu charge on book debts/loan receivables, ensuring a security cover of at least 1.00 times the aggregate outstanding debenture value. Redemption of these debentures will occur at maturity.