Post-deal insights: EMTN a compelling option for international-bank's Australian dollar tier-twos
- Thursday, 14 July 2016
Market conditions, demand dynamics and relative pricing are creating a compelling case for the EMTN – rather than Kangaroo – format to be used by international banks for Australian dollar tier-two issuance. Leads on the latest Australian dollar EMTN tier-two deal say both formats have their place, but if issuers are prepared to be flexible on volume the EMTN option can be appealing.
