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State mortgage firm picks advisers for debut cash call


State mortgage firm picks advisers for debut cash call
Summary
KMRC chief executive Johnson Oltetia said the consultants were considering “a number of market factors” before settling on the amount to be raised, the return to be offered to investors and the repayment period.
Monday May 03 2021
By CONSTANT MUNDA
Summary
KMRC chief executive Johnson Oltetia said the consultants were considering “a number of market factors” before settling on the amount to be raised, the return to be offered to investors and the repayment period.
State-backed Kenya Mortgage Refinance Company (KMRC) has appointed three advisers to guide its planned debut bond issue whose proceeds will be channelled to banks and Saccos for affordable home loans. ....

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