Capri Holdings Amends and Extends Revolving Credit Facility
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Capri Holdings ( (CPRI) ) has shared an update.
On June 24, 2026, Capri Holdings Limited amended its existing credit agreement, reducing the size of its revolving credit facility from $1.5 billion to $1.0 billion while extending the maturity of the replacement 2026 Revolving Credit Facility to June 24, 2031. The new facility, borrowed by Capri and several international subsidiaries, is secured by substantially all assets of the company and its U.S. borrower and guarantor subsidiaries, including most registered intellectual property.
The 2026 Revolving Credit Facility supports multi-currency borrowings, includes sub-facilities for up to $125 million in letters of credit and $100 million in swing line loans, and carries interest rates and fees tied to Capri’s net leverage ratio. The amended credit agreement preserves a maximum net leverage covenant of 4.0 times, with limited headroom to 4.5 times after material acquisitions, and maintains customary restrictions and default provisions, underscoring the company’s continued reliance on committed bank financing with structured covenant discipline.
The most recent analyst rating on (CPRI) stock is a Buy
with a $26.00 price target.
To see the full list of analyst forecasts on Capri Holdings stock,
see the CPRI Stock Forecast page.
Spark’s Take on CPRI Stock
According to Spark, TipRanks’ AI Analyst, CPRI is a Neutral.
The score is held back primarily by weak financial performance and elevated balance-sheet leverage risk, which reduces financial flexibility. Offsetting this, the earnings call provided constructive FY2027 guidance for margin and EPS improvement and shareholder returns, while technicals are improving short-term but remain weaker longer-term; valuation is middling with no dividend support.
To see Spark’s full report on CPRI stock,
click here.
More about Capri Holdings
Capri Holdings Limited is a global fashion company operating through subsidiaries in the U.S., Canada, Switzerland and the Netherlands. The group focuses on branded luxury apparel and accessories, and uses multinational financing structures to support its international operations across major currencies and markets.
Average Trading Volume: 3,010,471
Technical Sentiment Signal: Sell
Current Market Cap: $2.2B
For detailed information about CPRI stock, go to TipRanks’ Stock Analysis page.
