EUROFIMA to tap its May 2029 Kangaroo

On 16 August, EUROFIMA (AA+/Aa2) launched a minimum A$20 million (US$13.5 million) increase of its May 2029 Kangaroo bond, via Nomura. The forthcoming deal is being marketed at 62 basis points area over semi-quarterly swap, equivalent to 65 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.