BNG Bank prices new A$150 million four-year Kangaroo issue [UPDATED]
- Friday, 14 February 2014
On February 14, Bank Nederlandse Gemeenten (BNG Bank) (AA+/Aaa/AAA) priced a new four-year line in what is the borrower's fourth Kangaroo deal in 2014. According to KangaNews data, BNG Bank last priced a deal in the Australian market on January 29. That transaction had a volume of A$25 million (US$22.3 million) and pricing of 69 basis points over semi-quarterly swap.
