Capri Global Capital on September 24 announced the public issue of non-convertible debentures (NCD) worth Rs 400 crore, including Rs 200 crore in greenshoe option, according to the press release.
The issue will open for subscription on September 30, and closes on October 14, with an option for early closure.
The NCDs have a four tenures of 18 months, 36 months, 60 months, and 120 months. The coupon on these bonds will range between 8.55 percent and 9.7 percent.
As per press release, the lead manager to the issue is Advisors Pvt Ltd.
The bonds have been rated ‘AA’ with ‘Positive’ outlook by Infomerics Valuation and Rating Ltd and ‘AA’ with ‘Stable’ outlook by Acuite Ratings & Research.
The company will use the 75 percent proceeds from these bonds for onward lending, financing, and for repayment of interest and principal of existing borrowings of the company, and the balance for general corporate purposes, release added.
NCDs will be listed on the BSE. Depositories are NSDL and CDSL.
The company has an assets under management (AUM) of Rs 24,752 crore as of June 30, 2025.
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