Rabobank continues to find favour with AUD investors
Rabobank Nederland Australia Branch (Rabobank) (AAA/Aaa) returned to the Australian domestic market for the fourth time in 2009 on July 24, bringing its annual issuance to A$2.45 billion (US$2 billion) with the sale of A$1 billion of new 2012 bonds. The same borrower also priced A$200 million of five-year euro-Aussie bonds the night preceding its 2012 issue.
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IFC's 2014 Kangaroo increase garners A$500 million [UPDATED]
The increase to
International Finance Corporation (IFC)'s (AAA/Aaa) 2014 Kangaroo bond which priced on July 23 netted volume of A$500 million (US$408.95 million), bringing the total size of the line to A$1.25 billion. Pricing on the deal, which was lead managed by ANZ Banking Group and Commonwealth Bank of Australia, illustrates ongoing tightening in the Kangaroo market.
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