Capri Global raises USD 300M via 7.55% senior secured notes due 2029

Fund Raising View source PDF Explain this filing

CGCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹272.45

prior close

₹274.50

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.0%+0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector+0.0%+0.6% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 0.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-0.9

15m

-0.9

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.0+0.6+0.0+0.6

Next day

-2.6-0.5-2.1-0.3-2.2

-5.7-2.9-2.7-1.2-4.4

-5.1-3.1-2.0-1.2-3.9

-3.7-2.3-1.5-1.2-2.5

-0.5-0.8+0.3-0.5-0.0

-1.4-0.9-0.5-1.5+0.1

15d

-9.3-4.2-5.1-2.2-7.1

-11.0-3.6-7.4-3.1-7.9

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UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Capri Global Capital allotted USD 300 million senior secured notes at 7.55 percent fixed coupon under its USD 1 billion Global Medium Term Note Programme. Notes mature December 2029 (about 3 year tenor) and will list on India INX and NSE IFSC. Rated Ba3 by Moodys, BB- by Fitch, BB- Positive by CareEdge. Proceeds to fund onward lending under RBI norms and ECB guidelines.

Likely market impact

Secures about USD 300 million offshore funding at 7.55 percent cost. Diversifies borrowings and supports lending growth. Positive for capital adequacy.