Kenya Executes Strategic $1.5 Billion Eurobond Refinancing to Lower Borrowing Costs and Extend Debt Maturity Profile
Kenya has successfully raised $1.5 billion through a strategically timed international bond issuance, deploying the bulk of the proceeds to repurchase its existing $1 billion 2028 note while simultaneously extending the country’s debt maturity profile and reducing near-term refinancing pressures that have weighed on the nation’s fiscal outlook. The landmark transaction, launched on October 3, […]