5.70% Bajaj Housing Finance Limited - AAA Rated (INE377Y07227)

Bajaj Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE377Y07227, with a face value of ₹10,00,000 rs on 28May21 to raise 1450 crores. The debt instrument is issued with a coupon rate of 5.70% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 5.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 10/06/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 31May21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 20May21. This issuer is formerly known as BAJAJ FINACIAL SOLUTIONS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.