Kenya repays part of 2 bln USD Eurobond, ending fears of default
NAIROBI, Feb. 21 (Xinhua) -- Kenyan President William Ruto said Wednesday the government has successfully settled part of its 2 billion U.S. dollars in Eurobonds maturing in June, eliminating the risk of debt default.
Ruto said in a statement released in Nairobi, the capital of Kenya, that the country used the 1.5 billion dollars it raised on Feb. 12 in the Eurobond buyback issue to settle the debt.
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