KfW to launch 2019 Kangaroo increase

TD Securities and UBS Investment Bank have been mandated to launch an increase to KfW Bankengruppe (KfW)'s 5.25 per cent December 2019 Kangaroo bond. The increase will be for a minimum of A$250 million (US$220 million), taking the total issue size to A$1.9 billion minimum. Pricing is expected to occur on Thursday July 15.