Deal and ratings review, week ending 23 February 2018

KfW Bankengruppe highlighted issuance on both sides of the Tasman Sea during the last full week of February, with a NZ$400 million (US$292.5 million) five-year Kauri deal followed by a A$300 million (US$235 million) five-year Kangaroo. Elsewhere, Bluestone Group became the first Australian nonbank issuer to price a deal in 2018, printing a A$250 million residential mortgage-backed securities transaction.