Nation | by Paul Wafula
A subsidiary of Centum Investment Plc has raised Sh3 billion from a project bond intended to finance construction of its ongoing housing projects.
Centum Real Estate Limited says the bond, which closed on Wednesday this week, will pay investors a return of 12.5 per cent for the plain vanilla bond and 12-14 per cent for the Equity Linked Note.
The bond will be listed for trading on the Nairobi Securities Exchange (NSE) once regulatory approval is secured…
