Capri Global Capital Limited has informed the Exchange about Credit Rating- Assigned by Moody's Ratings
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Moody's Ratings has assigned a provisional (P)Ba3 rating with stable outlook to Capri Global Capital's USD 1 billion Global Medium Term Note (GMTN) program. This is the first rating assigned to the company's GMTN program, which allows the company to raise funds from international capital markets. The rating reflects Moody's assessment of Capri's existing credit profile, consistent with the company's Ba3 stable long-term senior secured rating. The company received confirmation of this rating on May 20, 2026 at 10:37 AM IST.
A provisional Ba3 rating places the company in speculative grade (junk) territory, indicating higher credit risk to bond investors. The stable outlook signals Moody's sees no immediate pressure on credit quality, and the new GMTN program gives the company flexibility to access international debt markets.