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Britam set to pay off Sh6 billion bond in November

Britam Group Managing Director Benson Wairegi. [File, Standard]

Holders of Britam’s Sh6 billion corporate bond will enjoy an early payment as the financial company moves to restructure its debt portfolio.

The payment, which is subject to regulatory approval, comes seven months early, and follows a meeting between Britam’s management and the note holders.  

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