TD Bank taking indications of interest for benchmark bail-in Kangaroo deal
- Tuesday, 02 July 2019
On 2 July, Toronto-Dominion Bank (TD Bank) (AA-/Aa1) began taking indications of interest for a new, five-year, benchmark senior Kangaroo transaction. The deal is expected to come in either or both fixed- and floating-rate formats and has initial price guidance of 105 basis points area over swap benchmarks.
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