EIB prices 2019 Kangaroo tap for A$450 million [UPDATED]
European Investment Bank (EIB) (AAA/Aaa/AAA) priced a tap to its August 2019 Kangaroo line on January 8, selling A$450 million (US$412.43 million) of bonds at a tighter margin than the previous 2019 Kangaroo –
KfW Bankengruppe (KfW)'s (AAA/Aaa/AAA)
A$350 million trade from the previous day. The increased line is now EIB's third largest in the market, with A$2.1 billion outstanding.
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International investors drive first Kangaroo deal of 2010 [UPDATED]
The Kangaroo deal placed on January 6 by
KfW Bankengruppe (KfW) (AAA/AAA/AAA) – the first of 2010 – attracted predominantly offshore demand, according to the issuer. However, with one third of the paper picked up by domestic buyers KfW is hopeful that 2010 will be another strong year overall for the supranational, sovereign and agency (SSA) Kangaroo market.
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