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Real People Kenya Ltd raises Sh1.63b from bond issue

Real People Kenya Ltd, a micro-finance institution providing business finance to entrepreneurs, has raised Sh1.63 billion from a corporate bond issue.

The first tranche under the Sh5 billion programme was offered in three-year and five-year fixed rate notes. The bond saw investors take up Sh1.36 billion in five-year fixed rate notes and Sh270 million in three-year fixed rate notes.

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