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Housing Finance Targets Ksh. 3 Billion Bond Issue

Housing Finance has returned to the debt market for its second tranche of Ksh. 3 Billion bond for onward lending to property developers and mortgage financing.

The bond is expected to increase Housing Finance participation in the property sector, while at the same time allowing Kenyans to participate in housing development through an attractive investment opportunity. The funds will also create significant mortgage lending opportunities for the company.

See Also: Housing Finance Looking For Ksh. 1.7 Billion Loan

The offer for the second tranche began on 1st October and closes on 12th October 2012.

In 2010, Housing Finance raised Ksh. 7 Billion against a target of Ksh. 5 Billion. HF opted to accept the entire amount.

Housing Finance has positioned itself as a one stop shop for property solutions over the years.

Will you participate in the Housing Finance Bond Issue?

Photo Courtesy of in2eastafrica.net

About Enock Kiprono

Enock Kiprono is the founder of Fenesi.com & Dealpoa.com. He loves to connect with entrepreneurs that are success driven, passionate, action-taking whose goal is to make a difference in the business world!

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