Capri Global raises $300M via maiden US Dollar bond issuance
CGCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Smallcap 250 and 2.2 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Capri Global Capital raised US$ 300 million through its maiden US Dollar bond issuance, priced at 7.55 percent coupon for Senior Secured Notes maturing in 2029. The issue was oversubscribed 2.3x with order book exceeding US$ 700 million from 64 accounts. Managed by Barclays, Citi, Deutsche Bank, Emirates NBD, and UBS. Regional allocation: US 49 percent, Asia 39 percent, EMEA 12 percent.
Diversifies funding sources with global capital access, validates credit strength, and supports future growth and expansion plans.