MetLife prices new five-year Kangaroo [UPDATED]

On October 3, Metropolitan Life Global Funding I (Metlife) (AA-/Aa3/AA) priced a new five-year benchmark Kangaroo transaction. It is the borrower's second Kangaroo deal after a A$500 million (US$468.4 million) five-year priced in September 2012, at 217.5 basis points over Australian government bond.