Kenne Belgrad: Lead transaction advisor for KPC IPO speaks on the IPO's highs and lows

Kenne Belgrad, Team Leader at Faida Investment Bank. The lender is the lead transaction advisor for Kenya Pipeline Company (KPC) initial public offer (IPO).

Photo credit: File | Nation Media Group

The Business Daily spoke to Kenne Belgrad, the team leader at Faida Investment Bank-the lead transaction advisor for Kenya Pipeline Company (KPC) initial public offer (IPO) whose results were announced on Thursday.

The conversation touches on the highs from the oversubscription by local institutions and the government of Uganda, to the lows of apathy among foreign, local individual investors and oil marketing firms.

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