Successful structured funding through private markets in kenya

successful structured funding through private markets in KenyaSpecific local examples of successful structured funding through private markets include: 1.. Nakumatts private commercial p

successful structured funding through private markets in Kenya

Specific local examples of successful structured funding through private markets include:

1 Nakumatts private commercial paper programme has been an important and significant source

of funding the company’s growth even as it has delivered above average return for the investors With an estimate of over Kshs 6 bn programme, this demonstrates the potential depths of capital markets in Kenya, we don’t think Nakumatt would have managed the kind of growth that

it has managed without access to structured products

2 Centum Equity Linked Note placement to investors was done in a relatively short period of time

to raise capital in a timeframe that would not have been possible with a registered offering ARM has also issued ELNs to investors

3 Cooperative societies, anchored under the Co-operative Societies Act, have also participated in structured products - Safaricom Investments Cooperative issued a real estate backed MTN yielding 21% for 18-month duration to finance their Ngong Ololua Villas

4 Cytonn Real Estate, our development affiliate, has successfully issues billions of shillings of structured notes, mainly to global institutional investors, to fund developments The amount of money raised and the speed could not have been possible through mainstream public markets

5 The various privately offered Cash Management Solutions, CMS, structured by various

investment houses