7.25% Bajaj Housing Finance Limited - AAA Rated (INE377Y07284)

Bajaj Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE377Y07284, with a face value of ₹10,00,000 rs on 29Oct21 to raise 221 crores. The debt instrument is issued with a coupon rate of 7.25% 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 7.25% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 29/10/2031. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Nov21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 04Dec21. 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.