Kangaroo deal flow recommences as Rentenbank completes 2016 tap [UPDATED]
- Monday, 09 May 2011
Rentenbank (AAA/Aaa/AAA) priced a A$200 million (US$215.4 million) increase to its January 2016 Kangaroo line on May 9, in what is the first Kangaroo transaction in almost a month. The tap adds to a line which was inaugurated in January this year, at a volume of A$375 million in the fixed rate tranche and A$425 million in the floating rate note (FRN). The FRN was subsequently increased in February, with the total line size now at A$1.2 billion.
