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Britam Sh6bn bond starts trading

Britam’s Sh6 billion bond has started trading at the Nairobi bourse with the proceeds expected to fund local and regional expansion, property development and increase investment in private equity.

The medium term note that was launched in mid June 2014 targeting retail, high net worth and institutional investors, received a 144 per cent over-subscription netting  Sh7.323 billion.

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Britam CMA