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EABL corporate bond receives Ksh. 37.9B in applications, a 345% over-subscriptions - Vimarsana News

EABL corporate bond receives Ksh. 37.9B in applications, a 345% over-subscriptions

Proceeds from the Notes will be used by East African Breweries PLC (EABL) to repay loans taken by the business, to provide working capital.

EABL raises Sh37.9 billion for expansion, repayment of debt - Vimarsana News

EABL raises Sh37.9 billion for expansion, repayment of debt

East African Breweries’ medium-term note has been oversubscribed by 245 per cent with the brewer receiving Sh37.9 billion.