In what is its fifth trip to the Kangaroo market this year, Rentenbank (AAA, Aaa, AAA) priced a tap its 5.5 per cent 2020 line on July 20. The transaction adds A$100 million (US$154.6 million) to the German agency's A$9.4 billion of outstanding Kangaroo paper spread over nine lines, cementing its position as the third-largest Kangaroo borrower.
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