BNG launches A$25 million minimum tap to its 2027 Kangaroo
- Tuesday, 27 June 2017
BNG Bank (BNG) (AAA/Aaa/AA+) launched an increase to its July 2027 Kangaroo bond on 27 June. The Nomura- and RBC Capital Markets-led increase is seeking minimum volume of A$25 million (US$19 million) at an indicative margin of 64 basis points over swap area. Pricing is expected the day after launch.
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