Equity Group eyes Sh50bn long-term debt in three years

Group CEO James Mwangi. FILE PHOTO | NMG

Equity Group #ticker:EQTY is eyeing up to Sh50 billion from international financiers in the next three years as it seeks to boost its liquidity and capital positions.

Group CEO James Mwangi told investors in a recent virtual annual general meeting that the board wants to reinforce the lender’s liquidity and capital positions through a mix of medium-term and long-term debts.

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