Deutsche Bahn lays new tracks at long-end of corporate Kangaroo curve
- Thursday, 26 October 2017
Hard on the heels of its dual-tranche debut Kangaroo in September, Deutsche Bahn returned to the Australian market for a 15-year transaction on 23 October. The A$150 million (US$116.7 million) deal is the longest issued for a corporate Kangaroo post-crisis, according to KangaNews data. Deal sources insist the transaction further demonstrates the ability of the Australian dollar market to print at maturities competitive with offshore markets.
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