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Bajaj Finance raises over Rs 500 cr through bonds

Press Trust of India  |  New Delhi 

Bajaj today said it has raised over Rs 500 crore by issuing bonds on private placement basis.

The bonds in the nature of secured redeemable non- convertible debentures aggregate to Rs 544.70 crore, the company said in a regulatory filing.

The bonds yields are in the range of 7.74 to 7.75 per cent.

The non-company offers lending and allied services to consumers, small and medium enterprises, commercial establishments and to the rural segments.

It also offers services.

of the company today closed 0.64 per cent up at Rs 1,251.90 on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 20:43 IST