24th August, 2018
Britam Holdings PLC has announced that it will allow for early redemption of sh6 billion corporate bonds issued in 2014, giving investors early opportunity to redeem their investment.
The five-year tenor note was pegged on 13 percent fixed interest rate payable semi-annually with investors required to have a minimum of sh100,000 to participate in the offer.
The firm reported a pre-tax profit of kshs 1.4 billion in the first half of 2018, a 7 percent growth from kshs 1.3 billion in June 2017