IFC takes NZ$150 million in first new Kauri of 2011 [UPDATED]

International Finance Corporation (IFC) (AAA/Aaa) issued a new NZ$150 million (US$118.4 million) five-year Kauri line on May 19. The issue is just the second transaction to price in the Kauri market this year, and it takes IFC's outstanding Kauri paper to NZ$1.1 billion.