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Bajaj Finance plans up to Rs 40B reissue of 8.07% 2030 bonds

India’s Bajaj Finance plans to raise up to INR 40 billion via reissued 8.07% 2030 bonds, including a greenshoe option of INR 20 billion. Coupon and commitment bids are invited for Monday.

BAJFINANCE

India's Bajaj Finance NSE:BAJFINANCE plans to raise up to 40 billion rupees ($423.37 million), including a greenshoe option of 20 billion rupees, through the reissue of 8.07% 2030 bonds, three bankers said on Friday.It has invited coupon and commitment bids for the issue on Monday, they said.The co…