×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Laikipia County's ratings up ahead of Sh12b bond issue

Motorists queue for fuel at the Total Energies Filling Station in Nanyuki town centre on March 4, 2022. [Wainaina Ndung'u, Standard]

Laikipia County has received a stable outlook in new improved ratings owing to a rise in revenue collections and reduced pending bills. South African rating agency GCR Ratings upgraded the county’s national scale long and short-term issuer ratings to BBB-(KE) and A3(KE) ahead of a proposed Sh1.2 billion infrastructure bond issue, the first ever for counties.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in