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Bajaj Finance Said Set to Launch Up to $1.2 Billion Share Sale

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EXCLUSIVE Deals Bajaj Finance Said Set to Launch Up to $1.2 Billion Share Sale Bajaj Finance Ltd. is set to launch a share sale to raise as much as 117 billion rupees ($1.2 billion) from institutional investors as soon as this week in Mumbai, according to people familiar with the matter, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month. The Bajaj Group lending firm has completed investor roadshows and...

EXCLUSIVE Deals Bajaj Finance Said Set to Launch Up to $1.2 Billion Share Sale Bajaj Finance Ltd. is set to launch a share sale to raise as much as 117 billion rupees ($1.2 billion) from institutional investors as soon as this week in Mumbai, according to people familiar with the matter, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month. The Bajaj Group lending firm has completed investor roadshows and could launch the so-called qualified institutions placement in the next day or two, the people said, asking not to be identified as the information is private.
Bajaj Finance (ORG) Said Set to Launch Up to (PERSON) Mumbai (LOCATION) Indian (ORG) Jio Platforms Ltd.’s (ORG) Bajaj Group (ORG)
Originally published by Bloomberg Markets Read original →