Wells Fargo prices a new 10-year Kangaroo bond
- Tuesday, 19 August 2014
On August 19, Wells Fargo & Company (Wells Fargo) (A+/A2/AA-) launched and priced a new A$100 million (US$93.2 million) minimum senior-unsecured 10-year Kangaroo deal. The borrower last visited the Australian dollar market earlier this month on August 1 for a dual-tranche, five-year transaction with total volume of A$900 million and pricing of 85 basis points over swap.
