Kommunalbanken Norway (KBN) (AAA/Aaa/AAA) launched and priced a new A$250 million (US$258.2 million) 10-year Kangaroo line on April 5, in what was the borrower's third Kangaroo issue of the year and its first for more than two months. The transaction significantly extends KBN's Kangaroo curve - prior to the completion of the new transaction its furthest point sat at January 2015.