AfDB prices NZ$100 million in its first Kauri deal since 2008 [UPDATED]
- Tuesday, 19 August 2014
African Development Bank (AfDB) (AAA/Aaa/AAA) launched and priced a new five-year Kauri transaction on August 19, in what is the issuer's first deal in New Zealand since February 2008 according to KangaNews data. It is also the first Kauri to price in the second half of this year, following a record first half which saw more than NZ$5 billion (US$4.2 billion) placed.
