On 3 February, Korea Resources Corporation (A/A1) revealed plans for a debut three- or five-year Kangaroo transaction. BNP Paribas, Citi and J.P. Morgan have been mandated to arrange a series of investor meetings and calls in Australia and Asia beginning 6 February.
On 10 January, BNP Paribas (A+/Aa3/AA-) launched a new 7.5-year, Australian dollar denominated, senior nonpreferred, EMTN, benchmark transaction, offered in either or both fixed and floating-rate format. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 140 basis points area over swap benchmarks.
On 9 January, BNP Paribas (A+/Aa3/AA-) began taking indications of interest for a new 7.5-year, Australian dollar denominated, senior nonpreferred, EMTN deal, offered in either or both fixed and floating-rate format. Initial price guidance for the transaction is 140-145 basis points area over swap benchmarks. The deal is expected to be rated A-/Baa1/A+.
Key data and information on 24 global bank issuers active in the Australian dollar market. The issuer section includes funding strategy information as well as corporate debt data on profiled borrowers.
KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2019. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2019 in the Australian and New Zealand debt markets.