Friday, January 26, 2018

Government to hold Eurobond roadshow in mid-February, says CBK Governor

Henry Rotich Cabinet Secretary Treasury By Reuters 
NAIROBI, KENYA: Kenya plans to hold an investor roadshow in mid-February to promote a planned Eurobond issue, the country’s central bank governor said on Friday. Patrick Njoroge did not disclose the sum involved. ALSO READ: Fake drugs kill 100,000 people in Africa yearly A source
previously told Reuters the government was set to issue a $1.5 billion 10-year bond by the first week of March, to take advantage of high demand for new issues. “There will be a roadshow in mid-February,” Njoroge said on the sidelines of the World Economic Forum in Davos, adding the roadshow would likely be held in the United States and Britain.

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