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BusinessKasapreko offers bond with coupon rate of 26%


Kasapreko offers bond with coupon rate of 26%

Kasapreko, a Ghanaian company that makes beverages, has announced that it has listed the first part of its GHS 600 million Bond Programme on the Ghana Stock Exchange.

This bond programme is basically a way for Kasapreko to borrow money from investors for three years.

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The first part of the bond is worth GHS 103.7 million, and Kasapreko will pay a 26% interest rate on it every two years.

The bond was issued on January 29, 2024, and will mature, or be fully repaid, on January 29, 2027.

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