EDC returns to Kangaroo market with new 2016 line [UPDATED]
- Monday, 07 February 2011
Export Development Canada (EDC) (AAA/Aaa/AAA) issued a new A$500 million (US$506.6 million) five-year benchmark Kangaroo bond on February 8. The transaction is EDC's third Kangaroo deal and its second point on the AUD curve. EDC debuted in the Kangaroo market in August 2010, issuing A$650 million (US$658.4 million) in an August 2015 bond which it tapped in September to bring the line's outstanding to A$1 billion.
