EABL seeks to raise Sh11 billion in new corporate bond programme

East African Breweries PLC (EABL) is seeking to raise Sh11 billion through a medium-term note, which is a type of corporate bond. This is the first phase of its new Sh20 billion bond programme which has been approved by the Capital Markets Authority (CMA).

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activeEl.innerHTML = `

Offer ends in…

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EABL Chief Financial Officer Risper Ohaga says the decision to return to the debt market was a strategic one, driven by a significant shift in the interest rate environment.
[File, Standard]

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