Cde Monomotapa wrote:@Selah..what's the difference with HF raising capital through its Corporate Bond? Aren't they both debt? Help me understand

HF is a primarily a mortgage lender hence the need for adequate capital in my opinion HF is under capitalized so the Bond is really necessary for its growth.
KCB on the other hand is well capitalized to handle SMEs if the Loan was For S&L then it would be understandable but for SMEs I find that a waste.
You know I thought the reason for the right issue was to mitigate the company against the cost of borrowing.How wrong was I.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3