Kenya Says in Final Stages of Arranging $600 Million China Loan
- Nation assessing investor interest for 2016-17 Eurobond issue
- Kenya's debut Eurobond issue raised $2.82 billion in 2014
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Kenya is in the final stages of arranging $600 million in concessional Chinese bilateral funding for this financial year and is holding roadshows in Europe and the U.S. to assess appetite for a second Eurobond issue, Treasury Secretary Henry Rotich said.
A no-deal roadshow in London met huge investor interest, Rotich told reporters in the capital, Nairobi, after signing a 1.8 billion shillings ($17.7 million) water supply deal with Belgium.