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.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets