ADB prices its third-ever Kauri [UPDATED]

In its third-ever Kauri transaction, according to KangaNews data, Asian Development Bank (ADB) (AAA/Aaa/AAA) has priced a new five-year Kauri transaction on July 12. ADB has previously come to the New Zealand market in January 2010 with NZ$225 million of four-year notes and in October 2011 priced a NZ$150 million, five-year deal.