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Investor demand for EABL’s bond surpasses target with Sh9bn bids
The first tranche of East African Breweries Ltd (EABL) bond has attracted over Sh9 billion to far exceed the Sh5 billion target.
In a statement announcing the results, EABL said it hit Sh9,047,350,000 subscriptions against the Sh2.5 billion minimum needed for the issue to be a success.