Late in the Sydney day on 25 July, EUROFIMA (AA+/Aa2) launched a minimum A$40 million (US$27.8 million) increase to its May 2029 Kangaroo bond. Indcative price guidance for the forthcoming transaction is 62 basis points area over semi-quarterly swap, equivalent to 69.5 basis points area over Australian Commonwealth government bond. Pricing is expected on 26 July, according to joint lead managers Daiwa Capital Markets and Nomura.
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