Lead managers on the A$350 million (US$363.9 million) new four-year Kangaroo priced on January 17 by Industrial Bank of Korea (IBK) (A/A1) believe banks from Asia – especially Korean names – will seek to emulate the success of the upsized transaction. Although a clutch of Asian financial institutions priced domestic deals via their Australian branches in 2011, IBK’s issue is the first true Kangaroo from an Asian credit since May 2007.