Kenya selects banks to advise on maturing Eurobond.
M2 EQUITYBITES-October 3, 2023--Kenya selects banks to advise on maturing Eurobond
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 03 October 2023
The Kenyan government has selected Citigroup, Inc (NYSE: C) and South Africa-based Standard Group (SBJ.J) to advise it on managing the USD2bn Eurobond that is set to mature soon, according to Reuters.
The bond is maturing in June next year. The nation must repay or refinance the 10-year bond. Market conditions and Kenya's...
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