Capri Global Capital Allots ₹160 Cr NCDs at 9.75% Coupon

Capri Global Capital Ltd has approved the allotment of 16,000 Rated, Listed, Subordinated, Unsecured, Taxable, Redeemable, Transferable Non-Convertible Debentures (NCDs) under Series 18. The NCDs have a face value of ₹1,00,000 each, aggregating to ₹160 crore. These were issued on a private placement basis at a fixed coupon rate of 9.75% per annum and are proposed to be listed on BSE Limited. The tenure of the NCDs is 10 years, with maturity on October 13, 2036. The company also detailed terms regarding potential payment defaults, including an additional interest of 2% per annum.