×
The Standard e-Paper
Stay Informed, Even Offline
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
 |
| Housing Finace CEO Frank Ireri reads 907 million full year pofit report at the Serena hotel. [PHOTO BY MOSES OMUSULA/STANDARD] |
Kenya: Housing Finance will raise cash with a rights issue in the first months of 2015, it said yesterday, months after it scrapped a planned Sh20 billion ($222.22 million) bond due to high interest rates.
Housing Finance, the only listed dedicated mortgage financier in East Africa’s largest economy, did not detail the size of the capital raising or what it would use the cash for.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
join