On 11 October, Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a minimum A$150 million (US$116.9 million) tap of its September 2027 Kangaroo line. The deal is being marketed in the area of 45 basis points over semi-quarterly swap.
Joint leads Deutsche Bank, Nomura and RBC Capital Markets say they will also consider reopening ADB’s March 2032 Kangaroo, “subject to investor feedback”.
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