KfW's busy Kangaroo year continues with 2018 tap [UPDATED]

KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched its 12th Kangaroo transaction of 2011 on June 7, pricing a A$450 million (US$480.3 million) increase to the February 2018 line it introduced earlier this year. The agency has now sold A$5 billion of Kangaroos in 2011, trailing only the A$6.3 billion it placed in 16 deals in 2010 as its record Kangaroo year.