IADB adds A$200 million to its 2025 Kangaroo line [UPDATED]
- Tuesday, 21 April 2015
The Inter-American Development Bank (IADB) (AAA/Aaa) priced a new 10.5-year Kangaroo transaction on April 21. According to KangaNews data, the forthcoming deal will be the fourth time the issuer has priced an Australian dollar deal in 2015. Most recently on February 13, IADB added A$150 million (US$117.1 million) to its 2024 Kangaroo line. That transaction priced at 46 basis points over Australian government bond.
