Wells Fargo prints A$900 million in dual-tranche, five-year Kangaroo bond [UPDATED]
- Friday, 01 August 2014
Wells Fargo & Company (Wells Fargo) (A+/A2/AA-) priced a new benchmark senior-unsecured five-year Kangaroo deal on August 1. According to KangaNews data, the borrower last visited the Australian dollar market in May last year. That A$150 million (US$139.8 million) nine-year deal had pricing of 150 basis points over semi-quarterly swap.
