KBN adds A$200 million to its 2024 Kangaroo line [UPDATED]
- Tuesday, 21 January 2014
On January 21, Kommunalbanken Norway (KBN) (AAA/Aaa) mandated a tap of its July 2024 Kangaroo line in what is the borrower's third visit to the market in 2014. According to KangaNews data, the tap is the first increase of the line which was introduced on January 7 this year with a volume of A$150 million (US$131.5 million) and pricing of 100 basis points over Australian government bond (ACGB).
