Tag: KSh117 billion ($900 million) Eurobond buyback

Kenya’s bold Eurobond buyback: A strategic move or a high-stakes gamble?

In a calculated bid to manage the swelling debt, the country has announced a KSh117 billion ($900 million) Eurobond buyback, a move that could redefine its financial landscape. The government plans to repurchase a significant portion of its 2019-issued Eurobond ahead of its 2027 maturity, funding the buyback by issuing new bonds with longer repayment […]...