Kasapreko is now listed on the Ghana Stock Exchange’s Ghana Fixed Income Market (GFIM).

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Kasapreko has listed the Series 2, Tranche 01 of its GH¢600 million bond programme on the Ghana Fixed Income Market (GFIM) of the Ghana Stock Exchange, marking a significant step in the company’s capital-raising strategy.

The tranche, amounting to GH¢200 million comprises a four-year senior unsecured fixed-rate note issued on September 17, 2024, with a maturity date of September 12, 2028.

The debt security is priced with a coupon rate of 23.5% offering investors a steady stream of returns in an environment of rising borrowing costs.

Source: newsthemegh.com