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Centum’s bond sale 38% oversubscribed

Image Credit: Forbes

Kenya’s Centum Investments raised $61 million in a bond sale last week which was 38% oversubscribed. The proceeds of the sale will be used to finance Centum’s investments in Financial Services, Energy and Real Estate. According to the investment company’s CEO, James Mworia, the 5-year bond was taken up mostly by local investors. 

Read more at Reuters…

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