HF gets Sh3bn loan to repay corporate bond in October

Frank Ireri, Housing Finance CEO. PHOTO | FILE

The Housing Finance (HF) #ticker:HFCK has raised more than Sh3 billion from international investors, with the company planning to use part of the debt to help repay its Sh7 billion corporate bond which matures on October 2.

“We raised more than Sh3 billion in foreign currency debt in mid-July,” HF’s chief executive Frank Ireri told Business Daily in an interview.

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