The Sh44.79 billion Talanta Sports City-backed infrastructure bond has been fully subscribed, boosting the government's hopes of finishing the facility in time to host the 2027 African Cup of Nations.
Investors offered Linzi Finco, the issuer of the bond, Sh44.875 billion against a target of Sh44.791 billion, representing a subscription of 100.2 percent. Sources told Business Daily the entire amount was raised from Kenyan investors.
