KBN beats expectations with A$350 million Kangaroo return [UPDATED]
- Friday, 09 October 2009
The first Kangaroo deal sold by Kommunalbanken Norway (KBN) (AAA/Aaa) in over two years attracted final volume of A$350 million (US$316.16 million) to the five-year maturity transaction. The October 9 deal is therefore the issuer's largest in the Kangaroo market, with volume exceeding launch expectations on the back of a book of over 30 accounts.
