AfDB prices A$125 million in a new 2025 Kangaroo bond [UPDATED]
- Thursday, 03 July 2014
On July 3, African Development Bank (AfDB) (AAA/Aaa) priced a new January 2025 Kangaroo line in what will be the borrower's seventh Australian dollar deal for 2014. According to KangaNews data, the borrower most recently visited the market in May with a new A$75 million (US$70.9 million) 12-year line with pricing of 58.75 basis points over Australian government bond.
