ADB increases 2016 by A$1 billion in second Kangaroo of 2011 [UPDATED]

The second Kangaroo transaction to be mandated in 2011 came on the same day as the first – January 10 – with Asian Development Bank (ADB) (AAA/Aaa/AAA) increasing its February 2016 line by A$1 billion (US$984.9 million) the following day. The deal is ADB's first in the Kangaroo market since April last year, and followed a 2020 increase from European Investment Bank (AAA/Aaa/AAA).