Ontario announces 2020 Kangaroo tap [UPDATED]

The Province of Ontario (Ontario) (AA-/Aa1) completed a A$225 million (US$239.3 million) increase to its September 2020 Kangaroo on June 10. The line was inaugurated in September 2010 at a size of A$275 million with these two transactions remaining the only Australian deals to be placed by a Canadian province since Ontario itself last issued a Kangaroo bond in November 2006.