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Bajaj Finance issues 900M rupees of debentures

Bajaj Finance Ltd. issued 900 million Indian rupees of secured nonconvertible debentures on a private placement basis.

The company said Jan. 20 that the debentures were priced with a coupon of 7.70% per year and will mature on Jan. 20, 2022.

As of Jan. 20, US$1 was equivalent to 68.06 Indian rupees.