KfW amps up Kangaroo volume with A$500 million 2018 tap
KfW Bankengruppe (KfW) (AAA/Aaa/AAA), so far the only supranational, sovereign and agency (SSA) borrower to tap the Kangaroo market in 2012, priced its third transaction of the year on February 7. The German agency increased its February 2018 Kangaroo to A$2.05 billion (US$1.67 billion) outstanding via the addition of A$500 million.
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KoFC nets A$250 million in second Korean Kangaroo of 2012
Following the pricing of Industrial Bank of Korea (IBK)'s (A/A1) A$350 million (US$375.2 million)
Kangaroo debut on January 17, Korea Finance Corporation (KoFC) (A/A+) priced its own inaugural Kangaroo transaction on February 7. Following completion of the latest deal, 2012 has become the first year in which more than a single Asian financial institution (FI) Kangaroo has priced since 1996.
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