EUROFIMA to tap its May 2029 Kangaroo bond

On 21 May, EUROFIMA (AA+/Aa2) mandated TD Securities for a minimum A$15 million (US$10.4 million) increase to its May 2029 Kangaroo bond. The forthcoming transaction is being marketed at 62 basis points area over semi-quarterly swap, equivalent to 74.5 basis points area over Australian Commonwealth government bond. The deal is expected to price on the day of launch.