CADES prices A$700m Kangaroo increase [UPDATED]

On June 11 French social security debt amortisation agency, CADES (AAA/Aaa/AAA), became the sixth issuer to return to the Kangaroo market in 2009 with the pricing of a A$700 million (US$568 million) increase to it 7.5 per cent February 28 2013 bond. The increase was launched a day before with a minimum size of A$300 million.