RETAIL • Two Rivers Invokes Debt Restructuring, Replace Loan With Equity • Khusoko

Two Rivers Invokes Debt Restructuring, Replace Loan With Equity

The Two Rivers Lifestyle Center will replace a Sh4.5 billion loan with a zero-interest, equity-linked instrument; significantly easing the debt service burden on the company.

Two Rivers Lifestyle Center, the holding company of the Two Rivers Mall on Monday said it has inked a Ksh 4.5 billion deal that will see it convert part of their loans into equity as part of debt restructuring. The Two Rivers Lifestyle Center, which encompasses Two Rivers Mall and Two Rivers Office Towers, is … Continue reading Two Rivers Invokes Debt Restructuring, Replace Loan With Equity