EDC prices Kauri market's third deal of 2012 with new five-year [UPDATED]
- Thursday, 08 March 2012
Export Development Canada (EDC) (AAA/Aaa) priced its first Kauri transaction since June 2008 on March 8 in the form of a NZ$200 million (US$163.9 million), five-year issue. EDC issued a total of NZ$675 million in three Kauri transactions between 2007 and 2008 but the last of that paper matured in June last year, according to KangaNews data.
