BPCE prices dual-tranche inaugural Kangaroo deal [UPDATED]
- Friday, 11 April 2014
On April 11, BPCE (A/A2/A) priced a debut four-year Kangaroo deal. According to KangaNews data, the transaction is the first French-origin deal in the Australian dollar domestic market since Société Générale priced a A$400 million (US$376.5 million) tap to its October 2014 line in March 2011. That deal had pricing of 165 basis points over three-month bank bill swap rate.
