AfDB prices A$250 million in its first Kangaroo deal of 2014 [UPDATED]
- Tuesday, 18 February 2014
African Development Bank (AfDB) (AAA/Aaa/AAA) priced a new five-year Kangaroo transaction on February 18, in what will be the issuer's first Australian-market deal to price in 2014. The new bond fits into the mid-point of AfDB's fixed-rate Kangaroo curve: it has outstanding lines maturing in 2016, 2018, 2022 and 2024 according to KangaNews data.
