Kenya begins roadshow for dual-tranche Eurobond

A similar 10-30 year dual tranche was made in 2018, but talks did not begin until early 2019.
Kenya begins roadshow for dual-tranche Eurobond

Kenya has mandated JP Morgan and Standard Chartered Bank to lead her new 12, 31-year dual tranche Eurobond, due in a couple of months.

This issue will be the third bond offering since Kenya made its international debut in 2014.

A similar 10-30 year dual tranche was made in 2018, but talks did not begin until early 2019.

Some of the funds to be raised will be utilized in re-financing 2014’s maturing 5-year bonds, according to the country’s Finance Minister, Henry Rotich.


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