Capri Global Prices $300 Mln 3-Year Dollar Bond

International Debt Issuance and Pricing Details

Capri Global Capital Limited successfully priced its benchmark US$300 million three-year weighted average life senior secured bond offering, according to market bookrunner updates issued on September 1, 2026. The debut international notes carry a reoffer yield of 7.55%, marking a major milestone for the non-banking financial company (NBFC) as it taps global capital markets to diversify its funding liabilities.

The issuance is structured under the company's established US$1 billion Global Medium Term Note (GMTN) Programme pursuant to Regulation S and Rule 144A of the U.S. Securities Act of 1933. Credit rating agency CareEdge Global IFSC Limited assigned its 'CareEdge BB-/Positive' rating to the proposed foreign currency notes.

Strategic Expansion and Funding Diversification

Operating from its registered corporate headquarters in Lower Parel, Mumbai, Capri Global Capital focuses on retail lending, micro, small, and medium enterprise (MSME) financing, housing loans, and gold loans. Company disclosures filed under regulations 30 and 51 with the BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) highlight that the capital raised will support expanding lending operations and asset growth.

The debut international bond placement aligns with the non-banking financial company's broader strategic roadmap to scale up capital market borrowings and reduce reliance on conventional domestic bank credit lines. Accessing offshore debt instruments enables the lender to broaden its investor base and optimize its overall cost of capital across economic cycles.

Market Impact and Investor Sentiment

For institutional investors and international fixed-income markets, the successful pricing of Capri Global's dollar notes demonstrates solid foreign investor appetite for well-capitalized Indian retail-focused non-banking financial institutions.

The liquidity injection directly supports the company's credit disbursement capacity, reinforcing stability across its extensive branch network spanning multiple Indian states while maintaining robust capital adequacy metrics well above mandatory regulatory floors.

Official Filings and Regulatory Disclosures

According to official regulatory filings submitted by Company Secretary and Compliance Officer Yashesh Bhatt to exchange desks, the debt issuance complies fully with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.

"According to officials, the foreign currency senior secured notes have been assigned a 'CareEdge BB-/Positive' rating by CareEdge Global IFSC Limited to support the company's multi-currency medium-term note framework."

Key Facts at a Glance

• Issuer: Capri Global Capital Limited.

• Issue Size: US$300 million senior secured notes.

• Tenor: 3-year weighted average life.

• Reoffer Yield: 7.55%.

• Credit Rating: 'CareEdge BB-/Positive' by CareEdge Global IFSC Limited.

Frequently Asked Questions

• What is the total value of Capri Global's senior secured bond offering? The company priced a US$300 million senior secured bond offering.

• What is the reoffer yield for the newly priced bonds? The notes were priced at a reoffer yield of 7.55%.

• Which rating agency evaluated the dollar notes? CareEdge Global IFSC Limited assigned a credit rating of 'CareEdge BB-/Positive' to the notes.

• Under which framework was the debt instrument issued? The notes were issued under the company's US$1 billion Global Medium Term Note (GMTN) Programme.

Source: BSE Limited, National Stock Exchange of India Limited, India International Exchange (IFSC) Limited, CareEdge Global