Capri Global Capital Limited has approved the issuance of up to 3,000 senior, secured, rated, listed, redeemable, United States Dollar denominated non-convertible bonds. These bonds will have an aggregate nominal value of up to USD 30,000,000 (Thirty Million US Dollars) and will be issued at par on a private placement basis. The company also appointed India International Depository IFSC Limited as the registrar and transfer agent for this issuance.
Capri Global Capital Secures Funding Via Bond Issuance
Capri Global Capital Limited announced on October 19, 2026, the approval of a significant financial move by its Management Committee. The company will proceed with the issuance of up to 3,000 non-convertible bonds, structured as senior, secured, rated, and listed instruments denominated in United States Dollars. These bonds are designed to be redeemable and will be offered via a private placement basis to select investors.
Key Details of the Bond Issuance
The total nominal value of the proposed bond issuance is set at a maximum of USD 30,000,000 (Thirty Million United States Dollars). Each bond will carry a face value of USD 10,000. The issuance will be conducted on a private placement basis, with the bonds being issued at par and in a dematerialized form. The tenure of these instruments is expected to be 36 months from the date of allotment.
Interest and Security
The coupon/interest offered for these bonds is set at 240 basis points plus the 6-month CME Term SOFR. Coupon payments will be made on a semi-annual basis. The bonds will be secured by a first-ranking, pari-passu charge over certain identified receivables of the company, providing a layer of security for the bondholders.
Appointment of Registrar and Transfer Agent
In conjunction with the bond issuance, Capri Global Capital has also approved the appointment of India International Depository IFSC Limited as the registrar and transfer agent. This appointment is crucial for managing the administrative aspects of the bond issuance. The tentative effective date for the registrar and transfer agent agreement is between October 19, 2026, and October 25, 2026.
Listing and Disclosure
The bonds are proposed to be listed on the India International Exchange IFSC Limited and/or NSE IFSC Limited. Further details regarding the terms and conditions, as well as the disclosure requirements under SEBI regulations, have been provided in Annexure A and Annexure B of the official intimation.
Source: BSE
