EIB to add A$400 million minimum to 2017 Kangaroo

The European Investment Bank (EIB) (AAA/Aaa/AAA) launched its fifth Kangaroo transaction of 2010 on April 15, announcing plans to sell a minimum of A$400 million (US$373.9 million) in an increase to its seven-year line. The deal will bring the outstanding size of the line to at least A$2 billion, making it the issuer's fifth bond of that size in the Australian market.