KfW gets A$700 million in 2015 tap
KfW Bankengruppe (KfW)'s (AAA/Aaa/AAA) TD Securities, UBS Investment Bank and Westpac Institutional Bank-led May 2015 Kangaroo bond increase closed with a A$700 million (US$627.2 million) volume on July 29. This transaction follows the issuer's A$850 million tap to its December 2019 bond that priced on July 15.
EDC doubles Kangaroo debut volume with A$650 million transaction
Export Development Canada (EDC) (AAA/Aaa) has priced its inaugural Kangaroo bond – a five-year deal which was upsized to A$650 million (US$580.5 million) from a minimum target size of A$300 million. Commonwealth Bank of Australia, RBC Capital Markets and TD Securities are joint lead managers on the transaction, which priced on July 28.