Date: September 09, 2026

Board Meeting Outcomes

The Management Committee of Capri Global Capital Limited approved the following through circular resolution dated September 09, 2026 at 11:15 P.M.:

  • Allotment and settlement of U.S.$ 300,000,000 7.55% senior secured notes due December 2029 issued under the U.S.$ 1,000,000,000 global medium term note programme
  • Authority to negotiate, finalise, amend, alter and/or execute requisite documents, agreements, instruments, forms, applications and writings in connection with issue, allotment, listing and settlement of the Notes
  • Delegation of power and authority to certain authorised officers of the Company to do all necessary acts in connection with the allotment, listing and settlement of the Notes

Fundraising Details

Instrument Specifications

  • Type of Issuance: Global Medium Term Note Programme under Regulation S and Rule 144A of the U.S. Securities Act of 1933
  • Total Amount: U.S.$ 300,000,000 (United States Dollars three hundred million)
  • Denomination: U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof
  • Ratings: CareEdge Global, "Ba3" by Moody's, "BB-" by Fitch, "BB-/Positive"
  • Coupon: 7.55% per annum (Fixed Rate)
  • Allotment Date: September 09, 2026
  • Maturity Date: December 09, 2029
  • Tenor: 3 years WAL

Interest Payment Schedule

  • Interest Payment Dates: June 09 and December 09 in each year up to and including December 09, 2029
  • First Interest Payment: June 09, 2027

Amortization Schedule

  • June 09, 2029: 33.33% amortization
  • September 09, 2029: 33.33% amortization
  • December 09, 2029: 33.33% amortization
  • Redemption: At par

Security Details

  • First ranking pari passu charge by way of hypothecation over:
  • All standard receivables, book debts, principal amounts and interest, costs, charges etc.
  • Loan book, coupon, premium, default/penal interest
  • Un-encumbered cash and bank balance
  • Investments in mutual funds/debt securities/bonds, term deposits with banks
  • All benefit, rights, interest, claims and demands of the Company in respect of all aforesaid amounts
  • Excludes: excluded receivables

Listing Information

  • Stock Exchanges: India International Exchange IFSC Limited (India INX) and NSE IFSC Limited (NSE IX)
  • CUSIP: 14065F AA7 (Rule 144A), Y1R30A AA1 (Regulation S)

Use of Proceeds

For activities as may be permitted under RBI regulations such as onward lending, in accordance with approvals granted by RBI from time to time and in accordance with ECB guidelines.

Disclaimer Notes

The announcement clarifies that:

  • This is not an offer of securities for sale in the United States
  • The Notes have not been and will not be registered under the U.S. Securities Act
  • The Notes have not been offered or sold to any person or public in India in violation of applicable laws
  • The offering circular has not been registered with any Indian regulatory authorities except for mandatory disclosures required under applicable Indian laws