OKB gets A$350 million in debut Kangaroo [UPDATED]

In what was 2011's first debut Kangaroo transaction from a supranational, sovereign and agency (SSA) issuer, on February 16 Oesterreichische Kontrollbank (OKB) (AAA/Aaa/AAA) issued a A$350 million (US$349.9 million) five-year Australian dollar deal. The Austrian export finance agency roadshowed in Australia in April last year with the intention of becoming a regular borrower in the Kangaroo market.