Capri Global Capital Limited has received a credit rating of ‘CareEdge BB-/Positive’ for its upcoming US$300 million senior secured notes. The rating was assigned by CareEdge Global IFSC Limited and pertains to notes issued under the company’s Global Medium Term Note Programme. This rating offers investors insights into the credit risk associated with these senior secured debt instruments.
Credit Rating Assigned for Senior Secured Notes
Capri Global Capital Limited announced that on September 1, 2026, CareEdge Global IFSC Limited assigned a credit rating of ‘CareEdge BB-/Positive’ to the company’s proposed issuance of US$300 million senior secured notes. These notes are part of Capri Global Capital’s established U.S.$1,000,000,000 Global Medium Term Note Programme.
Details of the Rating
The rating agency assessed the Long-Term Foreign Currency issuer rating as ‘CareEdge BB-/Positive’. This ‘Positive’ outlook suggests that CareEdge Global foresees a potential for an upgrade in the credit rating in the future, contingent on various factors and future performance. The rating specifically applies to the proposed US dollar-denominated senior secured bonds.
Issuer Rating
Additionally, CareEdge Global IFSC Limited assigned an issuer rating of ‘CareEdge BB-/Positive’ to Capri Global Capital Limited. This rating reflects the overall creditworthiness of the company as an issuer of debt instruments.
Source: BSE