On September 8, 2026, Fitch Ratings assigned a final credit rating of ‘BB-‘ to Capri Global Capital Limited’s upcoming USD 300 million, 7.55% senior secured notes due December 2029. This rating aligns with the ‘BB-(EXP)’ expected rating previously indicated by Fitch and pertains to notes to be issued under the company’s Global Medium Term Note Programme.
Capri Global Capital Secures Final Credit Rating for Senior Secured Notes
Capri Global Capital Limited has announced that on September 8, 2026, the international credit rating agency Fitch Ratings Limited (‘Fitch’) has assigned a final credit rating of ‘BB-‘ to the company’s planned issuance of USD 300 million in 7.55% senior secured notes. These notes are scheduled to mature in December 2029.
Alignment with Expected Rating
This final rating is in accordance with the ‘BB-(EXP)’ expected rating that Fitch had previously assigned on September 1, 2026. The issuance is part of Capri Global Capital Limited’s established USD 1,000,000,000 Global Medium Term Note Programme, commonly referred to as the ‘GMTN Programme’. The notes are being issued pursuant to Regulation S and Rule 144A of the U.S. Securities Act of 1933.
Details of the Notes
The senior secured notes are valued at USD 300 million with a coupon rate of 7.55% and a maturity date in December 2029. The final rating from Fitch provides further assurance to potential investors regarding the creditworthiness of this debt instrument.
This disclosure was made in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
