KBN takes 2014 Kangaroo beyond A$1 billion with latest tap [UPDATED]
- Tuesday, 10 May 2011
Kommunalbanken Norway (KBN) (AAA/Aaa/AAA) has its first Kangaroo bond of more than A$1 billion (US$1.1 billion) in outstanding volume, having increased its October 2014 line by A$200 million on May 10 to take its total on issue to A$1.075 billion. The line in question has grown from its initial volume of A$350 million at pricing in October 2009 through three subsequent taps.
