On 18 July, EUROFIMA (AA+/Aa2) launched a capped A$20 million (US$14 million) increase of its May 2029 Kangaroo bond. Indicative price guidance for the forthcoming transaction is 62 basis points over semi-quarterly swap, equivalent to 70.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to sole lead manager TD Securities.