EIB launches another Kangaroo line with new 2015
The European Investment Bank (EIB) (AAA/Aaa) launched its ninth Kangaroo transaction of 2009 on November 10, with pricing on the new long five-year line expected later this week "in the context of the market" according to its leads. The issue – which will mature in April 2015 – is being lead by ANZ, Commonwealth Bank of Australia and Deutsche Bank.Securitisation confidence builds with ME Bank and Capital Finance launches
Signs of returning confidence in Australia's asset-backed security (ABS) market are continuing with two deals set to price in the next week. Capital Finance, an Australian subsidiary of the British banking group Lloyd's, will issue A$621.3 million (US$574.7 million) in a debut auto loan deal to price by November 17 while ME Bank has launched its third residential mortgage-backed security (RMBS) deal of 2009, with pricing expected by the same date.