Quebec returns to Kangaroo market with A$225 million 10-year [UPDATED]

On July 5, Province of Québec (Québec) (A+/Aa2) priced the first Kangaroo deal in more than two weeks and the borrower's first such transaction since September 2005. Québec's previous Kangaroo issue was a A$150 million (US$161.6 million) tap to its July 2015 maturity, and that A$450 million line remains the issuer's only outstanding Kangaroo bond.