EDC nets NZ$350 million in Kauri market return [UPDATED]
- Thursday, 31 January 2013
Export Development Canada (EDC) (AAA/Aaa) priced a new five-year Kauri transaction on February 1, in the market's third new deal of the year. The transaction adds to EDC's single outstanding Kauri line, a 2017 maturity which it issued in March last year and tapped once – in September – to total NZ$350 million (US$294.7 million).
