DEALS | 30 OCTOBER 2021 East Africa Breweries Deal Absa | Corporate and Investment Banking > Insights and Events > East Africa Breweries Deal SHARE Absa acted as sole transaction advisor and bookrunner on East African Breweries PLC(EABL) KES 11bn 5-year medium term note issuance, listed on the NSE. This high-profile transaction, which attracted total bids of nearly KES 38bn representing an overall subscription rate of 345%, is the largest non-infrastructure corporate bond issued in Kenya. As Africa continues to innovate and grow, Absa strong regional presence and valuable network of international relationships continues to propel and support our clients’ expansion ambitions East African Breweries Limited is a holding Company with subsidiaries involved in the marketing, production and distribution and collection of brands that range from beer, spirits to adult non-alcoholic drinks. That’s Africanacity! #AfricaExpertise Contact Kumeshen Naidoo https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles EVENTS TradeTech Europe 2024 If you're looking for a digitally-led African banking partner with the swift trading capabilities and innovative solutions required to unlock opportunities across the continent and the globe, look no further. Read more EVENTS GTR Africa 2024 This event will connect industry experts across markets focusing on topics ranging from innovation, trade and commodity flows, infrastructure and the ever-changing global environment. Read more EVENT Sustainable finance for mining across Africa Africa is ready to embrace a bold new future in mining. That’s why we believe in the power of positive disruption to unearth our client’s sustainable growth ambitions through innovative funding solutions and expert capabilities. Read more
