EDC prices a new five-year Kauri bond [UPDATED]
- Friday, 24 April 2015
On April 24, Export Development Canada (EDC) (AAA/Aaa) priced a new five-year Kauri bond. According to KangaNews data, the deal is the borrower's first visit to the New Zealand dollar market in 2015. EDC most recently priced a NZ$125 million (US$94.5 million) tap to its 2019 Kauri line in November last year. That deal had pricing of 17 basis points over swap.
