Svenska Handelsbanken price its first Kangaroo since 2014 [UPDATED]

On February 24, Svenska Handelsbanken (AA-/Aa2/AA-) priced a new transaction in the Australian dollar market. According to KangaNews data, the forthcoming line will be Svenska Handelsbanken's first Kangaroo foray since 2014. That two-tranche, A$650 million (US$465.1 million) five-year deal was divided between A$450 million fixed and A$200 million floating-rate notes, with pricing of 95 basis points over semi-quarterly swap and bank bill swap rate respectively.