Capri Global Capital is preparing to make its debut in the international dollar bond market, with plans to raise up to $500 million, according to two merchant bankers.
The non-banking financial company (NBFC) will become the latest Indian entity to tap foreign currency debt, signaling growing appetite among domestic lenders to access offshore capital pools.
The move comes as Indian financial institutions increasingly look beyond domestic markets to fund expansion and manage liquidity.
By issuing dollar-denominated bonds, Capri Global aims to diversify its funding sources and potentially benefit from competitive pricing in the global debt market.
The transaction size suggests a significant commitment to international investor engagement.
This issuance follows a broader trend of Indian entities entering the global debt arena.