Safaricom MTN Tranche Attracts KES 41.6 Billion in Applications Amid Strong Investor Demand
By Jameson Safaricom (NSE: SCOM) has announced an oversubscription of its first tranche Medium-Term Note (MTN) Programme, receiving applications worth KES 41.6 billion against an initial target of KES 15 billion. The telco will take up the full KES 5 billion greenshoe option, raising the total allocation for the tranche to KES 20 billion, the…

