Capri Global Capital Limited has received an expected credit rating of ‘BB-(EXP)’ from Fitch Ratings for its proposed US dollar-denominated senior secured bonds. These notes are part of the company’s U.S.$1,000,000,000 Global Medium Term Note Programme. The rating, assigned on September 01, 2026, reflects the perceived risk associated with these upcoming debt instruments.
Fitch Ratings Assigns Expected Credit Rating
Capri Global Capital Limited announced today that Fitch Ratings Limited has assigned an expected credit rating of ‘BB-(EXP)’ to the company’s proposed US dollar-denominated senior secured bonds. These bonds are being issued under the company’s U.S.$1,000,000,000 Global Medium Term Note Programme.
Details of the Rating Assignment
The rating action, effective September 01, 2026, pertains to senior secured bonds structured to comply with Regulation S and Rule 144A of the U.S. Securities Act of 1933. The ‘BB-(EXP)’ rating indicates Fitch Ratings’ assessment of the creditworthiness of these proposed debt securities, which are intended to be senior secured in nature.
Proposed Debt Issuance
The issuance is part of Capri Global Capital Limited’s broader financing strategy, aiming to raise up to U.S.$1,000,000,000 through its Global Medium Term Note Programme. This rating provides potential investors with an independent assessment of the credit risk associated with the notes prior to their formal issuance.
Source: BSE
