Kenya has bought back Sh77.5 billion ($600 million) syndicated loans by tapping proceeds from the recent Sh193.8 billion ($1.5 billion) Eurobond issued last month.
The government only used up Sh74.9 billion ($579.6 million) from the newly issued Eurobond, which matures in 2036, to partially redeem holders of a Sh116.2 billion ($900 million) Eurobond maturing in 2027.
