Acorn fully redeems Sh5.7bn green bond

Edward Kirathe, Chief Executive Officer of Acorn Holdings Ltd, during the launch of the green bond at the London Stock Exchange (LSE).

Photo credit: File | Nation Media Group

Student accommodation developer Acorn Holdings has fully redeemed its Sh5.7 billion green bond before its maturity on November 8.

The firm announced on Wednesday that it had paid the balance of Sh2.7 billion from the paper alongside the accrued interest.

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