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Bajaj Finance issues 100M rupees of debentures

Bajaj FinanceLtd. issued 100 million Indian rupees worth of securednonconvertible debentures on a private placement basis.

The company said Sept. 24 that the debentures were priced witha coupon of 8.05% per year. The redemption date is Sept. 23, 2026.

As of Sept. 23, US$1was equivalent to 66.66 Indian rupees.