KfW upsizes new 2020 Kangaroo to A$750 million
- Tuesday, 10 August 2010
Following a clutch of shorter-tenor transactions, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) returned the focus of the Kangaroo market to the long end on August 11 with the pricing of a new 10-year line. The last four Kangaroo deals, stretching back to late July, have been of three- or five-year duration while the last longer-dated offering was European Investment Bank (EIB)'s (AAA/Aaa/AAA) A$1 billion (US$915.4 million) 10-year on July 22.
