EABL Raises KSh16.7 Billion Against KSh11 Billion Target In Oversubscribed Offer
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EABL bond oversubscribed by 52.4%, raises Ksh. 16.76 billion
East African Breweries PLC (EABL) has concluded the first tranche of its new Ksh. 20 billion Domestic Medium-Term Note Programme, raising a total of Ksh. 16.76 billion after the offer was significantly oversubscribed. The regional beverage giant received bids worth Ksh. 16.76 billion against its initial target of Ksh. 11 billion, resulting in an overall […] The post EABL bond oversubscribed by 52.4%, raises Ksh. 16.76 billion appeared first on H…
EABL Raises KSh16.7 Billion Against KSh11 Billion Target In Oversubscribed Offer
The Kenya Times ~ Trending, Breaking News and Videos CMA Approves EABL’s KSh16.7 Billion Bond Offer After Strong Investor Demand The Capital Markets Authority (CMA) has given the East African Breweries PLC (EABL) the green light to increase the total allotment for the first tranche of its KSh20 billion Medium-Term Note Programme to KSh16.72 billion, following an oversubscription of 152.4 per cent. In a notice released on November 12, EABL stated…
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