Friday, June 6, 2014

Kenya readies debut Eurobond after 17-year wait

JUN 5 – After 17 years, the timing is finally on Kenya’s side as the government readies its first Eurobond sale, betting the nation’s growth prospects and resurgent demand for emerging-market debt will keep borrowing costs contained. Investors may demand a yield of about 7 percent to buy the securities, less than the 7.48 percent […]

Read more here Capital Business