KBN prices NZ$225 million Kauri without NZ bank
The NZ$225 million (US$172 million) increase to
Kommunalbanken Norway (AAA/Aaa) (KBN)’s 2010 Kauri bond, which priced on December 5, was transacted without a New Zealand bank as lead manager; instead, RBC Capital Markets (RBCCM) acted as sole lead on the deal.
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Majority of KfW tap sells domestically
Late interest from domestic investors saw 55 per cent of a A$200 million (US$177 million) increase to
KfW Bankengruppe (AAA/Aaa/AAA) (KfW)’s 2012 Kangaroo sold domestically, according to lead manager TD Securities (TD).
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