US firm gets lion’s share of KQ fees

A Kenya Airways Plane. file photo | nmg

The US-based advisory firm spearheading Kenya Airways’ (KQ) #ticker:KQ balance sheet restructuring will get the lion’s share of the Sh1.4 billion budgeted for payment to transaction advisers.

PJT Partners, which was appointed the national carrier’s restructuring adviser in February 2016, will receive the huge payout, which includes expenses incurred during the negotiations.

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