L-Bank launches new 5.5-year Kangaroo line
- Friday, 08 December 2017
On 8 December, L-Bank (AAA/Aaa) launched a new, indicative A$100 million (US$75.1 million) June 2023 Kangaroo bond. The deal is being marketed at 51 basis points area over semi-quarterly swap and pricing is expected on the day of launch, according to lead managers Commonwealth Bank of Australia, Deutsche Bank, Nomura and RBC Capital Markets.
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