Capri Global Capital Receives Credit Rating Enhancement from Acuité
Capri Global Capital Limited announced an enhancement of its credit-rated limits for loan facilities and Non-Convertible Debentures (NCDs) by Acuité Ratings & Research Limited. Acuité has assigned a rating of 'ACUITE AA | Stable' (ACUITE Double A with Stable Outlook) to the enhanced limits.The enhancements include an increase in the Bank Loan Ratings limit from ₹7,050.00 crore to ₹9,550.00 crore, and the Non-Convertible Debenture limit from ₹750.00 crore to ₹2,850.00 crore.
A summary of the rating actions is presented below:
| Credit Rating Agency | Instrument /Facility | Quantum (Rs. Cr.) | Rating | Rating Action |
|---|---|---|---|---|
| Acuite Ratings & Research Limited | Bank Loan Ratings | 9,550.00 | ACUITE AA / Stable | Enhanced from Rs. 7,050 Cr. to Rs. 9,550 Cr. |
| Acuite Ratings & Research Limited | Non- Convertible Debenture | 2,850.00 | ACUITE AA / Stable | Enhanced from Rs. 750 Cr. to Rs. 2,850 Cr. |
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