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Bajaj Finance unveils share sale to raise up to $1.25 billion

Published by The Economic Times · India 1 h ago
Bajaj Finance unveils share sale to raise up to $1.25 billion
The Economic Times

Detailed summary

Bajaj Finance has launched a share sale to raise up to ₹117 billion from institutional investors. This offering marks a significant event following a major IPO by Jio Platforms last month. The proceeds will be allocated toward repaying various financial obligations, including loans and debentures. A team of financial institutions is collaborating with Bajaj Finance on this transaction.

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