Kenya begins roadshow for dual-tranche Eurobond

A similar 10-30 year dual tranche was made in 2018, but talks did not begin until early 2019.
Share the Story

Kenya has mandated JP Morgan and Standard Chartered Bank to lead her new 12, 31-year dual tranche Eurobond, due in a couple of months.

This issue will be the third bond offering since Kenya made its international debut in 2014.

A similar 10-30 year dual tranche was made in 2018, but talks did not begin until early 2019.

Advertisement

Some of the funds to be raised will be utilized in re-financing 2014’s maturing 5-year bonds, according to the country’s Finance Minister, Henry Rotich.

Author

  • Abdulateef Ahmed

    Abdulateef Ahmed, Digital News Editor and; Research Lead, is a self-driven researcher with exceptional editorial skills. He's a literary bon vivant keenly interested in green energy, food systems, mining, macroeconomics, big data, African political economy, and aviation..

Share the Story
Advertisement

Keep Up to Date with the Most Important News

Weekly roundups. Sharp analysis. Zero noise.
The NewsCentral TV Newsletter delivers the headlines that matter—straight to your inbox, keeping you updated regularly.