Capri Global Capital Limited has received a provisional rating of (P)Ba3 from Moody’s Ratings for its USD 1 billion Global Medium Term Note (GMTN) program. This rating reflects the company’s long-term foreign- and local-currency senior secured debt capabilities. The assignment follows the company’s strategic move to access international capital markets, marking a significant milestone in its financial expansion efforts as of May 20, 2026.
Moody’s Assigns Provisional Credit Rating
Capri Global Capital Limited announced that it has successfully obtained a credit assessment from Moody’s Ratings for its proposed USD 1 billion Global Medium Term Note (GMTN) program. The international rating agency has assigned a (P)Ba3 rating to the program, specifically covering long-term foreign- and local-currency senior secured debt instruments.
Strategic Financial Development
This development, communicated on May 20, 2026, highlights the company’s ongoing efforts to diversify its funding base and enhance its liquidity profile through global markets. The provisional status of the (P)Ba3 rating indicates the credit agency’s current assessment of the debt program’s structure and the company’s financial standing. This rating serves as a vital component for the company’s roadmap as it looks to execute its international debt issuance strategy in the coming periods.
Source: BSE
