IADB sees more potential in Australia following Kangaroo return [UPDATED]
- Friday, 08 January 2010
Having already increased its Kangaroo market outstandings by A$2.625 billion (US$2.44 billion) in less than a year – in the process leaping from 13th largest Kangaroo borrower to fifth – Inter-American Development Bank (IADB (AAA/Aaa/AAA) believes it can develop its Australian presence still further. The supranational priced its first deal of 2010 on January 8, selling A$750 million in a tap to its May 2014 line.
