NRW.BANK to return to Kangaroo market for new 2028 benchmark
- Wednesday, 25 October 2017
NRW.BANK (AA-/Aa1/AAA) mandated a new Kangaroo transaction with May 2028 maturity late in the Australian day on 25 October. The deal is for A$100 million (US$77 million) and is being marketed at 75 basis points over Australian Commonwealth government bond or 70 basis points over swap via Nomura, RBC Capital Markets and TD Securities. Pricing is expected on 26 October.
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