More Kauris as ADB completes second-ever deal [UPDATED]
- Monday, 17 October 2011
Asian Development Bank (ADB) (AAA/Aaa/AAA) priced a new NZ$150 million (US$118.8 million) five-year Kauri transaction on October 18. The new deal is ADB's second-ever Kauri transaction. It is the third Kauri issue within three weeks, with the most recent issue being the largest of the year: a NZ$350 million (US$281.1 million) tap from International Finance Corporation (AAA/Aaa).
