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

Bajaj Finance

21/07/2026 11:35

    MUMBAI, July 21 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 20 billion rupees ($207.82 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in 2 years and 11 months, three bankers said on Tuesday. 
It will pay a coupon of 7.93% and has invited commitment bids for the issue on Wednesday, they said. 
The company did not immediately respond to a Reuters email seeking comment. 

Here is the list of deals reported so far on July 21: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Bajaj Finance
2 years and 11 months
7.93
10+10
July 22

            HDB Financial Services Reissue of 8.2301% July 2029 bond
          
3 years
7.75 (yield)
4+6
July 22
AAA (Crisil, Care)

*Size includes base plus greenshoe for some issues



($1 = 96.2350 Indian rupees)

 (Reporting by Khushi Malhotra)
 ((Khushi.malhotra@tr.com))