East African Breweries Limited (EABL) #ticker:EABL move to secure a Sh12.5 billion long-term loan from Standard Bank Group to build a Senator Keg plant could see its total debt top the Sh30 billion mark.
The fresh loan from the Standard Bank Group, of which about Sh2 billion has already been drawn, is set to add up onto EABL’s net loans which stood at Sh25.9 billion as at December 31.