BoA returns to Kangaroo market with A$1.2 billion three-year
- Wednesday, 01 September 2010
In the wake of a flurry of domestic deals from offshore banks, the financial institution (FI) Kangaroo market reignited on August 31 with Bank of America Corporation (BoA) (A/A2/A+) pricing A$1.2 billion (US$1.07 billion) in a new three-year deal. The transaction is just the third Kangaroo from a bank issuer this year and the first of its kind since a quickfire brace of issues priced in early March.
