National Bank of Abu Dhabi (NBAD) (AA-/Aa3/AA-) priced its second-ever Kangaroo transaction on March 12, with the issuer placing a new five-year transaction. NBAD made its Kangaroo debut in February last year, selling A$300 million (US$270.5 million) of five-year, fixed-rate notes in what the issuer told KangaNews it hoped would be the first step towards regular issuance.
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