EDC prints A$300 million in a new curve-extending 2021 Kangaroo line [UPDATED]

On May 27, Export Development Canada (EDC) (AAA/Aaa) priced a new, five-year benchmark Kangaroo transaction. According to KangaNews data, EDC most recently issued into the Australian market in May 2015. That four-year transaction was for volume of A$350 million (US$251.5 million) and pricing of 22 basis points over semi-quarterly swap.