Treasury Plans $900M Eurobond Buyback to Ease Debt Repayment Pressure
[Nairobi Wire - Kenya] - 26/02/2025
Kenya plans to repurchase a $900 million (Ksh.116.7 billion) seven-year tranche of the $2.1 billion (Ksh.271.76 billion) Eurobond issued in May 2019. The government intends to finance this buyback using proceeds from a new bond with a longer repayment period, aiming to ease debt repayment (…)
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