Real People gets nod to delay pay for noteholders

Stock brokers at the Nairobi Securities Exchange. FILE PHOTO | NMG

Nairobi Securities Exchange #ticker:NSE fixed rate note issuer Real People has received a reprieve after noteholders accepted to extend the repayment period for one of the notes to next year.

The firm said on Wednesday it held a meeting with the holders of Sh267.1 million and Sh1.04 billion notes who agreed to the proposal through a special resolution.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.