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Announced Tue, 21 Jul · 18:14 IST

Bajaj Finance to issue near 3-year bonds, bankers say

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bajaj Finance plans to issue bonds with a 2 year 11 month tenor at a 7.93 percent coupon, inviting commitment bids on Wednesday. The issue size is 10 billion rupees base plus an equal greenshoe option. Separately, HDB Financial Services will reissue a bond maturing in July 2029, originally carrying an 8.2301 percent coupon.