IADB prices A$175 million in new 2024 Kangaroo transaction [UPDATED]

On February 13, Inter-American Development Bank (IADB) (AAA/Aaa/AAA) priced a new Kangaroo bond with a 2024 maturity. The transaction is the issuer's third in the Australian market in 2014 with the earlier issues, both of which were priced in January, being increases to existing lines.