Domestic deals highlight offshore banks as corporate flow returns
- Friday, 13 August 2010
Two recent benchmark-sized transactions from Australian branches of international banks have revived speculation about a return of offshore banks as issuers in Kangaroo format. However, while there are hopes of broader Kangaroo issuance before the end of the year market participants say there are still enough headwinds to make the return of financial institutions (FI) unlikely as an imminent prospect.
