Capri Global Capital concludes its maiden USD 30M bond issuance

Capri Global Capital has successfully completed its first-ever US Dollar bond issuance, raising US$ 300 million through Senior Secured Notes maturing in 2029. The transaction was managed by a consortium of global banks comprising Barclays, Citi, Deutsche Bank, Emirates NBD and UBS. Bonds were priced at a coupon of 7.55% per annum.

The issue was oversubscribed by over 2.3x with an order book exceeding US$ 700 million, across 64 high-quality accounts and the issue saw one of the highest allocations to global real money investors.