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

Bajaj Finance

11/11/2025 10:25

MUMBAI, Nov 11 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 18.35 billion rupees ($208.77 million) for the reissue of 7.37% September 2030 bonds, three bankers said on Tuesday.

The company will offer a yield of 7.25% on this issue, and had invited bids earlier in the day, they said.

Bajaj Finance did not immediately respond to a Reuters email seeking comment.

  Here is the list of deals reported so far on November 11:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Finance
Sept 2030 reissue
4 years and 11 months
7.25 (yield)
18.35
November 11
AAA (Crisil, Icra)
Kotak Mahindra Prime
2 years and 10 months
7.09
7
November 11
AAA (Crisil)
SMFG India Credit
3 years
floating rate
9
November 11
AAA (Crisil)
NaBFID
5 years
To be decided
10+20
November 12
AAA (Crisil, Icra)
NaBFID
15 years
To be decided
5+20
November 12
AAA (Crisil, Icra)
Bajaj Housing Oct 2028 Reissue
3 years
To be decided
5+5
November 12
AAA (Crisil)
HDB Financial Aug 2028 reissue
2 years and 10 months
7.20 (yield)
2.75
November 10
AAA (Crisil, Care)
HDB Financial Oct 2030 reissue
24 years and 11 months
7.3250 (yield)
1.85
November 10
AAA (Crisil, Care)

*Size includes base plus greenshoe for some issues

($1 = 88.57 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))