Capri Global Eyes $1 Billion Global Funding

Capri Global Capital has taken a significant step towards expanding its international financing capabilities by authorizing a Global Medium Term Note (GMTN) program. The non-banking financial company announced on March 25, 2026, that this program is valued at up to $1 billion. The program is established under the framework of the US Securities Act of 1933.

This authorization, granted by the company's Management Committee, empowers specific officers to finalize necessary documentation and agreements. The GMTN program offers flexibility, permitting the offer and issuance of foreign currency bonds, notes, debentures, or other debt securities. These issuances may occur in multiple series or tranches, subject to market conditions and regulatory approvals.

It is important to note that any securities issued under this program will not be available to investors within India. Further details regarding the terms and conditions of these issuances will be disclosed once finalized. The company's board had previously provided the necessary delegation of power for this initiative on January 29, 2026.