Kenya’s Opposition Warns Investors Against Next Eurobond

Updated on
  • Former premier says $1 billion from 2014 sales unaccounted for
  • Kenya planning new issue to plug 9.3% budget deficit

Kenya’s main opposition party cautioned transaction advisers and potential foreign investors against participating in the nation’s next Eurobond offer as it revived allegations that almost $1 billion from a sale of the securities in 2014 remains unaccounted for.

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