KBN adds new 2015 FRN to 2014 Kangaroo increase [UPDATED]
- Monday, 17 January 2011
Kommunalbanken Norway (KBN) (AAA/Aaa) increased its October 2014 Kangaroo by A$250 million (US$248.1 million) on January 18, adding to the transaction a new 2015 maturity floating rate note (FRN). The transaction was KBN's first Kangaroo issue since August last year, when it priced A$100 million in the third tap to its February 2013 maturity.
