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Kenya has mandated four banks, including Citigroup Inc and JPMorgan Chase & Co to manage a sale of eurobonds planned within the next two months, according to four people familiar with the plan.
The ministry also chose Standard Chartered Bank Plc and Standard Bank Group’s Kenyan unit, Stanbic Holdings, to help with the sale, said the sources, who asked not to be identified because the appointment has yet to be made public.
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