In its first issue of 2012, Export Development Canada (EDC) (AAA/Aaa/AAA) has priced a new line of five-year notes to mature on August 8 2017. The deal's volume was finalised at A$750 million (US$780 million), and will add to two outstanding lines for a new total of A$2.25 billion. Commonwealth Bank of Australia, Citi and TD Securities are lead managers on the deal.
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