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

Capri Global Capital is set to enter the foreign currency debt market, planning to raise funds through U.S. dollar denominated bonds. The non-banking finance company aims to secure around $300 million, potentially up to $500 million, with a maturity of three years and three months. This move aligns with their strategy to increase capital market borrowings, aiming for 40%-50% of total borrowings from this source.