Capri Global eyes debut dollar debt sale, starts procedure, bankers say

Capri Global Capital is set to make its debut dollar-denominated bond issuance, targeting around 300 to 500 million US dollars with a maturity of three years and three months. The NBFC, which has assets under management of around 300 billion rupees, plans to increase the share of capital market borrowings from about 20 percent to 40-50 percent of total borrowings. Investor calls were scheduled for Tuesday, with pricing expected by the end of the week.