Bajaj Finance launches up to $702 million share sale to institutions
Bajaj Finance Ltd
Bajaj Finance is selling up to 26.6 million shares at 1,690 rupees each, or a 5.8 percent discount to its Tuesday closing price on the National Stock Exchange, according to a separate deal term sheet seen by Reuters.
JM Financial is the global coordinator and bookrunning lead manager for the share sale, and Goldman Sachs and Kotak Mahindra are the other two bookrunning lead managers, the company said in the filing to stock exchanges.
($1 = 64.1225 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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