L-Bank to return to Kangaroo market for new 2028

L-Bank (AAA/Aaa/AAA) mandated the introduction a new, April 2028 maturity, Kangaroo bond on 26 September. The new line’s inauguration is being marketed at 62 basis points over semi-quarterly swap by lead managers Commonwealth Bank of Australia, Deutsche Bank, Nomura and RBC Capital Markets. Pricing is expected on 27 September.