India New Issue-Bajaj Finance to issue 5-year bonds, bankers say

Bajaj Finance

22/06/2026 10:39

    MUMBAI, June 22 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 20 billion rupees ($211.24 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in five years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said. 
The company did not immediately respond to a Reuters email seeking comment.

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

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Bajaj Finance
5 years
To be decided
10+10
June 23
AAA (Crisil)

            LIC Housing Finance
          
3 years and 5 months
To be decided
10+25
June 23
AAA (Crisil, Care)

            India Infradebt
          
5 years and 6 months
7.92
11.15
June 22
AAA (Icra, Crisil)

            Godrej Industries
          
5 years and 3 months
8.23
5
June 22
AA+ (Crisil, Icra)
Godrej Industries
5 years and 6 months
8.23
5
June 22
AA+ (Crisil, Icra)

            Embassy Office Parks REIT
          
3 years
7.49 (payable quarterly)
7
June 22
AAA (Crisil, Care)

            IREDA
          
3 years and six days
7.34
15
June 22
AAA (Icra, India ratings)
     
*Size includes base plus greenshoe for some issues
     
     
($1 = 94.6800 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))