EABL shakes up craft beer market with launch of new microbrewery
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The EABL (East African Breweries Ltd) bond is a corporate bond—essentially a loan that the company raises from the public to support its day-to-day operations. Corporate bonds are not new in our market; other examples include the Family Bank bond, the Kenya Mortgage Refinance Company (KMRC) bond, and the Real People Kenya Ltd bond. This is also not EABL’s first bond issuance; they have floated others in the past. EABL is seeking to raise KSh 20 billion through this issue. The bond offers a fixed
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