market development

By Kumeshen Naidoo, Head of Debt Capital Markets, and Narisa Balgobind, Head of Debt (AR), at Absa Kenyan beverages giant East African Breweries recently refinanced an existing KES 11 billion corporate bond through a medium-term note priced at 11.8%, marking the first issuance under its newly approved KES 20 billion programme. The timing mattered. Kenya’s […]

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