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Originally published by The Standard Business
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October 27, 2025
2w ago

EABL seeks to raise Sh11 billion in new corporate bond programme

EABL seeks to raise Sh11 billion in new corporate bond programme

East African Breweries PLC is seeking to raise Sh11 billion through a medium-term note, which is a type of corporate bond...

✨ Key Highlights

East African Breweries PLC (EABL) is seeking to raise Sh11 billion through a new corporate bond, marking the first phase of its Sh20 billion bond programme. This move follows approval from the Capital Markets Authority (CMA) and is a strategic decision driven by recent changes in interest rates.

  • EABL aims to raise Kshs 11 billion in this initial phase.
  • The total bond programme approved by the CMA is for Kshs 20 billion.
  • EABL Chief Financial Officer Risper Ohaga stated the decision was strategic due to shifting interest rates.

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