On August 27, Bank of America (BoA) (A-/Baa2/A) priced a new March 2020 fixed- and floating-rate Australian dollar transaction. According to KangaNews data, this is the first time the borrower has issued a Kangaroo deal since it priced A$425 million (US$394.5 million) of fixed- and A$425 million of floating-rate notes in May 2013. That 5.25-year dual-tranche deal priced at 142 basis points over swap.

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