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EABL to raise Sh11 b via medium-term notes

Kenya's East Africa Breweries Ltd is seeking to raise 11 billion shillings ($120.48 million) through medium-term notes, according to a company statement published in local newspaper Daily Nation on Wednesday.

EABL, controlled by Britain's Diageo, said it had obtained regulatory approval for this which will be restricted to the domestic market.

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EABL