Uganda’s power producer Bujagali Energy Limited, in which Jubilee Holdings #ticker:JUB has a 25 percent stake, last year took new loans worth Sh51.5 billion to extend the maturity of debt and lower its finance costs.
The debt refinancing was disclosed by the International Finance Corporation (IFC), which provided $100 million (Sh10.3 billion) as its share of the new debt pool.
