Government of Kenya $600 million loan arrangement

3/11/2015

Sovereign finance

Value:

$ 600 million

Status:

Announced

Date:

3/11/2015

Overview:

The Government of Kenya received a $600 million loan arrangement from Citibank, The Standard Bank of South Africa, and Standard Chartered Bank.
The loan has a term of 2 years.
The loan is expected to help fund roads, energy, agriculture and water projects.

Rani Mehta - Journalist

Jurisdiction:

Kenya

Deal type:

Sovereign finance

Practice area:

Banking

Industry sector:

Government and public policy

Firms:

Iseme Kamau & Maema Advocates

Party: Citibank (Lender)

Party: Standard Bank of South Africa (Lender)

Party: Standard Chartered Bank (Lender)

Lawyers: Anne Kinyanjui, David Lekerai

Linklaters

Party: Citibank (Lender)

Party: Standard Bank of South Africa (Lender)

Party: Standard Chartered Bank (Lender)

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