India New Issue-Bajaj Finance accepts bids for 3-year reissue, bankers say

Bajaj Finance

22/07/2026 11:32

    MUMBAI, July 22 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 11.40 billion rupees ($118.08 million) for the reissue of its 7.93% June 2029 bond, three bankers said on Wednesday.
It will offer a yield of 7.85% and had invited commitment bids for the issue earlier in the day, they said. 
The company did not respond to a Reuters email seeking comment. 

Here is the list of deals reported so far on July 22: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Bajaj Finance 7.93% June 2029 bond
2 years and 11 months
7.85(yield)
11.40
July 22
AAA(Crisil)

            Aditya Birla Capital 8.70% July 2029 Reissue
          
2 years 11 months and 10 days
To be decided
1+2.5
July 23
AAA (Crisil, Icra)
Aditya Birla Capital 8.10% September 2029 Reissue
3 years and 1 month and 14 days
To be decided
1.5+7.5
July 23
AAA (Crisil, Icra)
     
*Size includes base plus greenshoe for some issues
     
($1 = 96.5450 Indian rupees)

 (Reporting by Khushi Malhotra; Editing by Priyanka.G)
 ((Khushi.malhotra@tr.com))