NRW.Bank lining up inaugural social-bond Kangaroo
- Wednesday, 03 March 2021
On 3 March, NRW.Bank (AA/Aa1/AAA) mandated Deutsche Bank, Nomura and RBC Capital Markets to arrange investor calls on 4 March regarding a potential inaugural Kangaroo social-bond transaction.
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Quantum leap for Canadian provinces as Québec smashes Kangaroo record
Investor diversity, relative value and the growing status of the Australian dollar market lined up for Province of Québec as it shattered the record volume for a Canadian province Kangaroo transaction. The A$1.35 billion, 10-year print was nearly four times larger than any previous deal from the sector – a record that had stood for a decade.
