EABL's Medium-Term Note

In this episode recorded on November 04, 2025, we are joined by EABL’s CFO, Risper Ohaga, and Absa Bank’s Director of Capital Markets, Robert Murai, as we unpack EABL’s KES 20B Medium-Term Note, why the brewer is back in the debt market, and what it means for its funding plans and investors.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:00:54 Working Capital Management00:02:13 Debt vs Equity in Financing a Business00:05:11 Financial Performance00:07:18 Redeeming and Issuing Debt, Investor Participation, and Key Dates00:21:36 Corporate Bond Market in Kenya00:25:56 MTN Structure, Secondary Trading, Investor Sentiment, and Market Liquidity00:29:06 Debt Levels and Balance Sheet Management00:32:31 Corporate vs. Government Bonds00:34:31 CapEx and Working Capital00:38:19 Interest Rates, Tax Implications, Cash Flow and Debt Repayment00:41:09 Closing Remarks and Final Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe