Capri Global starts first dollar bond process, targets $300 million-$500 million

Verifying
  • Capri Global Capital began preparations for its first foreign-currency debt issuance.
  • $300 million-$500 million is targeted through 3-year-and-3-month bonds at about 7.75%.
  • Fitch Ratings assigned the proposed senior secured bonds an expected BB-(EXP) rating.
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