MuniFin to increase its 2027 Kangaroo

Municipality Finance (MuniFin) (AA+/Aa1) mandated an increase to its July 2027 Kangaroo late in the Australian day on 26 July. The forthcoming deal is for minimum volume of A$25 million (US$20 million) and is being marketed at 74.5 basis points over government bonds or 62 basis points over swap, according to lead manager Nomura.