East African Breweries plans to raise $63 mln via commercial paper

NAIROBI Thu Jan 23, 2014 12:35am EST

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NAIROBI Jan 23 (Reuters) - East African Breweries Ltd. plans to raise 5.4 billion shillings ($62.97 million) through a one year commercial paper, the company said on Thursday in a newspaper advertisement.

The brewer, controlled by Britain's Diageo Plc, did not indicate the rate of return or what the debt would be used for.

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