Mortgage financier HF Group is set to borrow Sh1.5 billion as part of a cash mobilisation plan to repay its Sh7 billion corporate bond which falls due on October 2.
The Nairobi Securities Exchange-listed firm says it has Sh4.1 billion on hand and plans to raise the balance of Sh2.9 billion from borrowings and monthly cash collections from its lending and property development operations.
