EDC prices the second tap to its 2019 Kangaroo [UPDATED]

Export Development Canada (EDC) (AAA/Aaa) priced an increase to its 2019 Kangaroo bond on May 14, in what is the borrower's first Australian dollar deal of 2015. According to KangaNews data, the line was introduced in May last year at a volume of A$400 million (US$325.8 million) and later increased by A$300 million in November. That deal, which was also the last time the borrower visited the Kangaroo market, had pricing of 53.25 basis points over Australian government bond.