THE STANDARD
By
Correspondent |
March 15th 2021 at 11:52:26 GMT +0300
Listed beer maker, East African Breweries Ltd (EABL), will pay interest to bondholders at the end of this month. The latest payment will be the eighth on EABL’s Tranche two of Sh6 billion fixed-rate notes that were due to mature in 2022.
The brewer, in a statement to the Nairobi Securities Exchange Chief Executive Geoffrey Odundo on a pricing supplement issued, said it will honour its payment on March 29, 2021, at a rate of 14.17 per cent per annum. It will be paid to noteholders whose names appear on the register of the issue at the close of business on March 12, 2021.