On July 3, African Development Bank (AfDB) (AAA/Aaa) priced a new January 2025 Kangaroo line in what will be the borrower's seventh Australian dollar deal for 2014. According to KangaNews data, the borrower most recently visited the market in May with a new A$75 million (US$70.9 million) 12-year line with pricing of 58.75 basis points over Australian government bond.
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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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