KDB aims for further development of AUD investor base following Kangaroo return

Korea Development Bank (KDB) tells KangaNews in the wake of its second-ever Kangaroo deal that it was drawn to the market by optimal pricing – with the Australia dollar offering better value than the euro – and investor diversification. The 100 per cent government-owned KDB priced a new 5.5-year dual-tranche Kangaroo transaction on May 16, extending its curve in Australian dollars in what was its first visit to the market since November 2012.