Kenya Raises $1.5B Eurobond Loan

Published: 06 Oct, 2025 07:59 Sources: S1 S2 S3 Category: Business Language: English Country: Kenya

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Kenya secured a USD 1.5 billion (Ksh193.8 billion) loan from international markets to repay USD 1 billion (Ksh129.2 billion) of its 2028 Eurobond early. Treasury PS Chris Kiptoo said the deal reflects strong investor confidence and prudent debt management. Issued in 7- and 12-year tranches at 8.7%, the loan attracted USD 7.5 billion in bids, easing repayment pressures and supporting fiscal stability.