EUROFIMA to increase May 2029 Kangaroo bond

EUROFIMA (AA+/Aa2) mandated Nomura to lead manage an indicative A$25 million (US$17.7 million) increase of its May 2029 Kangaroo bond on 18 March. The forthcoming deal is being marketed at 62 basis points area over semi-quarterly swap, equivalent to 74.55 basis points area over Australian Commonwealth government bond. Pricing is expected on 19 March.