News: CfC Stanbic Holdings Limited (CFC.NR)

CFC.NR on Nairobi Stock Exchange

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Mon, Nov 2 2009

UPDATE 1-Safaricom bond first tranche 50 pct oversubscribed

NAIROBI, Nov 2 (Reuters) - East Africa's biggest telecoms firm, Safaricom , said on Monday the first tranche of its five-year note programme was 50 percent oversubscribed, the latest Kenyan corporate issue to meet strong demand.

FACTBOX-East African corporate bonds in the pipeline

Oct 14 (Reuters) - Kenyan Centum Investments still intends to issue a 2 billion shilling ($26.52 million) bond but is also looking at other ways of raising cash, an official at the private equity firm said on Wednesday. [ID:nLE145380]

FACTBOX-East African corporate bonds in the pipeline

Oct 9 (Reuters) - Uganda's regulatory Capital Markets Authority has extended the offer period for the Preferential Trade Area (PTA) Bank's 40 billion shilling ($21 million) bond until Oct. 12. [ID:nL7617027]

UPDATE 1-Kenya's Safaricom fixes bond yield at 12.25 pct

NAIROBI, Oct 7 (Reuters) - Kenyan mobile phone operator Safaricom's medium-term note will have a 12.25 percent fixed rate and a floating yield of 185 basis points above the 182-day Treasury-bill return, arrangers said on Wednesday.

Kenya's Safaricom fixes bond yield at 12.25 pct

NAIROBI, Oct 7 (Reuters) - Kenyan mobile phone operator Safaricom's medium-term note will have a 12.25 percent fixed rate and a floating yield of 185 basis points above the 182-day Treasury-bill return, arrangers said on Wednesday.

Kenyan Safaricom says its bond to open on Oct. 7

NAIROBI, Oct 6 (Reuters) - Kenya's leading mobile telephone operator Safaricom will on Oct. 7 start the sale of the first tranche of its 12 billion shillings ($158.8 million) bond after securing all regulatory approval, the firm said on Tuesday.

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