East African Breweries Plc (EABL) is set to raise up to Sh20 billion from the sale of a new bond, soon after announcing that it will repay its existing Sh11 billion bond at the end of this month, a year before its scheduled redemption date of October 29, 2026.
The Business Daily has established that the upcoming corporate bond has received regulatory approval but its terms, including the offered interest rate and tenor, was not immediately available.
