Talanta Stadium Funding - Linzi FinCo Bell Ringing Ceremony

                                                                  

PRESS RELEASE

Talanta Stadium Funding Underscores Strong Investor Confidence as Linzi FinCo 003 Trust Closes Oversubscribed KES 44.79 Billion Infrastructure Asset-Backed Securities Programme

Nairobi, Wednesday, 2nd July 2025 – Linzi FinCo 003 Trust is pleased to announce the successful close of its KES 44,791,000,000 Secured Medium-Term Notes under the Linzi 003 Infrastructure Asset-Backed Securities Programme. The proceeds from this transaction will be used to finance the construction of the Talanta Stadium, one of Kenya’s landmark sports infrastructure projects aimed at nurturing talent and supporting national development.

The offer period, which closed on 30 June 2025, drew exceptional investor interest with applications totaling KES 44,875,600,000, surpassing the target amount and achieving an impressive subscription rate of 100.19%. Securities will be allotted to investors on a pro rata basis.

The 15-year notes, rated AA(KE)(IR), offer an attractive annual return of 15.04% and are scheduled to mature in 2040. The notes will be listed on the Nairobi Securities Exchange (NSE) on 8 July 2025, enhancing their tradability and market visibility.

“This oversubscription is a strong endorsement of our innovative financing model. It affirms the market’s belief in asset-backed securities as a viable tool for driving infrastructure development. Talanta Stadium is not just a structure; it is a symbol of Kenya’s ambition and potential, and we are proud to play a role in its realization.”Said Tom Mulwa, Chief Executive Officer, Linzi Finco

This landmark transaction was made possible through the expertise and collaboration of the securitization and placement agents, CPF Capital and Advisory, Liason Financial Services, and KCB Investment Bank, whose combined effort and deep market insight played a critical role in structuring and delivering the programme successfully.

“As a strategic transaction adviser and placement agent through CPF Capital and Advisory, we are proud to be part of this historic milestone. This programme demonstrates how pension funds and institutional investors can channel long-term capital into transformative projects. Talanta Stadium will not only uplift sports in Kenya but also leave a legacy of impact investment.”Lauded Dr. Hosea Kili, MBS, Group Managing Director/CEO, CPF Group.

“"We are incredibly proud to have mobilized substantial local capital for this landmark project, demonstrating how innovative capital markets solutions can harness domestic investment for impactful national development. The success of our bond issuance reflects both strong investor confidence in our mission and the vital role private capital plays in developing sustainable, long-term infrastructure.” Stated Mercy Thuo, Executive Director, CPF Capital & Advisory.

 The Linzi Infrastructure Asset-Backed Securities Programme continues to showcase the power of structured finance in unlocking domestic capital to support national development priorities.

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For more information, please contact:

Irene Mbonge

Group Head, Corporate Affairs

Mobile: +254 721801863

E-Mail: imbonge@cpf.or.ke

NOTES TO THE EDITOR

ABOUT CPF CAPITAL AND ADVISORY

CPF Capital & Advisory is a licensed investment advisory and REIT management firm operating under the Capital Markets Authority of Kenya. The firm specializes in structuring and mobilizing capital for complex infrastructure, real estate, and alternative investment projects across the region. With a strong focus on innovation, CPF Capital delivers tailored financial solutions that drive sustainable development and unlock value for both public and private sector clients. Backed by a highly experienced board and dynamic leadership, the firm is committed to shaping Africa’s investment landscape. CPF Capital is a subsidiary of CPF Group..

ABOUT LINZI FINCO

Linzi FinCo is a leading financial partner specializing in innovative and bespoke financial solutions, including Islamic Finance. We are at the forefront of unlocking Africa’s potential through strategic investments that foster sustainable growth and economic development.