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Kenya sets stage for new Eurobond

National Treasury Henry Rotich
National Treasury Henry Rotich. (File, Standard)

NAIROBI, KENYA: Kenyan officials were set to start meeting investors in London and the United States on Thursday as it markets a 12-, 31-year dual-tranche Eurobond, a lead arranger for the issue said.

The East African nation, which made its international capital markets debut in the summer of 2014, has mandated J.P. Morgan and Standard Chartered to lead the new Eurobond issue, said the lead in a statement seen by Reuters on Thursday.

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