All templatesSUMMARY OF TERMS OF THE NOTES
Date: 8 October 2026
This is a summary of the principal terms on which Mavuno Microfinance Bank Limited proposes to issue the notes. It is not an offer of securities. The notes will be issued only on the definitive documents and after the approvals the law requires.
Term Detail
Issuer Mavuno Microfinance Bank Limited
Principal amount KES 1,500,000,000
Interest 13.5% per annum, fixed, payable semi-annually
Maturity date 30 November 2031
Security Secured by a debenture over the issuer's loan book in favour of the trustee
Capital Markets & Securities
Bond / Note Issuance Documentation template (Kenya)
What it is for
A sample Bond / Note Issuance Documentation for use in Kenya, drafted under the Capital Markets Act Cap 485A and the Companies Act Cap 486.
The Kenyan law it follows
- Capital Markets Act Cap 485A
- Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023 (L.N. 172 of 2023) — r.89 and the Thirteenth Schedule (continuing obligations of an issuer whose securities are offered to the public and listed)
- Companies Act Cap 486
Who prepares it
This is normally drawn by an advocate, and where it is a court paper, filed by one. The sample shows what the finished document looks like.
Draft this for your matter
Advocates draft this on Lex from their own facts and download it in Word. If you need one prepared for you, find an advocate.
Sample bond / note issuance documentation
The first part of the sample is shown here. The names, amounts and facts are made up to show how the document reads.
The rest of this bond / note issuance documentation is for Lex members
Create a free account to read the whole sample, draft it for your matter and download it in Word.
This is a sample for general information. It is not legal advice and may not suit your situation. Laws change, and a document has to fit your own facts; have an advocate check it before you rely on it.