The bonds, expected to be issued in the last week of May, will carry a tenor of 2.5 to 3 years and are likely to be priced in the 9-9.5% range, the people said. Barclays and Citibank have been mandated to manage the issuance.
Bajaj Finance shares rally 5% after Q1 results. What Nomura, Nuvama, other brokerages expect
Bajaj Finance shares jumped after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 crore and