On May 14, Bank of America Corporation (BoA) (A-/Baa2/A) priced a new 5.25-year fixed and floating rate Kangaroo issue. According to KangaNews data BoA priced its previous issue on August 2010, a dual-tranche three-year fixed and floating rate note with a volume of A$1.2 billion (US$1.19 billion) and pricing of 210 basis points over swap.
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