Inside Sh11bn KQ loan deal with government

Kenya Airways aircraft

Kenya Airways aircraft grounded at the Jomo Kenyatta International Airport in Nairobi on April 3, 2020.

Photo credit: Tony Karumba | AFP

Kenya Airways #ticker:KQ has revealed the terms of an Sh11 billion loan it took from the government in the year ended December to fund its operations at a time the Covid-19 pandemic had hurt its cash flows.

The airline took the debt in two tranches of Sh5 billion followed by Sh6 billion.

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