KfW completes A$250 million top-up of 2014 Kangaroo [UPDATED]

KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched and priced a A$250 million (US$268.6 million) increase of its June 2014 Kangaroo maturity on June 1. The tap takes the amount outstanding in the line to A$1.25 billion, having been inaugurated in May 2009 and tapped two months later. The top-up is KfW's third Kangaroo deal inside a month, with its most recent issue – a tap to its January 2016 maturity – pricing on May 19.