Pan-African housing financier Shelter Afrique has reassured bondholders it will make a final tranche of payments in September in a move meant to calm investor fears in the wake of a looming restructuring of debt.
Shelter Afrique listed a Sh5 billion five-year medium-term unsecured note on the Nairobi Securities Exchange (NSE) in 2013 with a September 28, 2018 maturity date.
