Kenya Airways (KQ) Refinancing - Kshs 28,104,001,536
|
Creditor |
|
|
Creditor Category |
Commercial Bank |
|
Borrower |
Government of Kenya |
|
Borrower Category |
Central Government |
|
Date Agreement Signed |
21-Jun-2018 |
|
Date Loan Matures |
22-Jun-2029 |
|
Original Agreement |
200,000,000 (USD) |
|
Revised Amount |
200,000,000 (USD) |
|
Amount in Kshs(2023) |
28,104,001,536.00 |
|
Interest Rate |
Libor |
|
Terms |
Loan of USD 200,000,000 Repayable in 10 equal semi annual instalments |
Num |
Year |
Amount at Start |
Withdrawals |
Repayments |
Amount at end |
|---|---|---|---|---|---|
|
1 |
2023 |
(USD) 120,000,000.00 |
0.00 |
40,000,000.00 |
80,000,000.00 |
|
2 |
2022 |
(USD) 160,000,000.00 |
0.00 |
40,000,000.00 |
120,000,000.00 |
|
3 |
2021 |
(USD) 200,000,000.00 |
0.00 |
40,000,000.00 |
160,000,000.00 |
|
4 |
2020 |
(KSH) 20,459,660,000.00 |
0.00 |
0.00 |
21,304,480,000.00 |
|
5 |
2019 |
(KSH) 20,210,000,000.00 |
0.00 |
0.00 |
20,459,660,000.00 |
|
6 |
2018 |
(KSH) 0.00 |
0.00 |
0.00 |
20,210,000,000.00 |