Prime

EABL medium term note goes live on Nairobi bourse

EABL Group chairman Charles Muchene (centre) rings the bell during the listing of the EABL’s final series of its corporate bond at the NSE on May 8, 2017. Looking on is Group MD Andrew Cowan (left) and NSE chief executive Geoffrey Odundo. PHOTO | SALATON NJAU | NMG

By  JAMES NGUNJIRI

East African Breweries Limited (EABL) #ticker:EABL has today listed the final series of its corporate bond on the fixed income securities investment segment of the Nairobi Securities Exchange (NSE) #ticker:NSE.

The bond was oversubscribed - recording a 141 per cent subscription and netting Sh8.4 billion against the Sh6 billion on offer.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kenya cash outflows fall by Sh25bn on Trump NGO cuts

  2. Banking lobby chief on scaling private sector credit, rates outlook and recent sector reforms

  3. PRIME 'Odd was ordinary': The unusual life of Anselm Croze

  4. PRIME Banks term capital rules on large lenders ‘premature’

In the headlines

View All