KenGen scales down bond target to Sh15b

Tuesday, December 2, 2008
Kenya Electricity Generating Company (KenGen) is seeking to raise a massive Sh15 billion through a bond programme despite a subdued debt market.The power producer has, however, reviewed its initial plan to raise Sh70 billion through the issue, saying the remaining Sh55 billion ‘will be raised by various modes.’
Source: http://www.eastandard.net/business/InsidePage.php?id=1144000742&cid=14&