Capri Global Capital Limited has successfully raised US$300,000,000 (approximately ₹2,500 crore) by allotting senior secured notes due December 2029. These notes were issued under the company’s U.S.$1,000,000,000 global medium-term note programme. The proceeds will be used for onward lending and other activities permitted under RBI regulations. The notes will be listed on the India International Exchange (IFSC) and NSE IFSC.
Capri Global Capital Secures Major Funding
Capri Global Capital Limited announced on September 9, 2026, the successful completion of its fundraising initiative, raising U.S.$300,000,000 (United States Dollars three hundred million). This capital was secured through the allotment of senior secured notes that mature in December 2029.
GMTN Programme and Issuance Details
The issuance of these notes, carrying a coupon rate of 7.55% per annum (Fixed Rate), was conducted under the company’s existing U.S.$1,000,000,000 global medium-term note programme (GMTN Programme). The offering was made in accordance with Regulation S and Rule 144A of the U.S. Securities Act of 1933. The notes are structured as senior secured debt and are backed by a first-ranking pari passu charge over specified assets of the company.
Use of Proceeds and Listing
The funds raised are earmarked for activities permissible under RBI regulations, including onward lending, in accordance with the approvals granted by the RBI. The company also confirmed that the allotment date for these notes is September 9, 2026, with a tenor of 3 years WAL. The notes are set to be listed on the India International Exchange (IFSC) Limited and NSE IFSC Limited, facilitating their trading on these platforms.
Committee Approvals and Next Steps
The Management Committee of Capri Global Capital Limited approved the allotment and settlement of these notes through a circular resolution dated September 9, 2026. This approval also included the mandate to negotiate and finalise all requisite documentation, as well as delegate authority to specific officers for the completion of the issue, allotment, listing, and settlement processes. The company further clarified that the notes have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to exemptions.
Source: BSE
