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Global Reach. Local Expertise
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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Deal and ratings review, week ending 10 June 2022
Nonbank securitisation deal flow continued its run in the week ending 10 June with prints from Plenti Finance, Brighten Home Loans and Wisr. Meanwhile, Asian Development Bank returned to the Kangaroo market with another gender bond.
Domestic bid supports Lloyds’ Kangaroo return
Lloyds Banking Group returned to Kangaroo issuance on 1 June after a three-year absence as it seeks to re-establish its presence in strategic and regional markets post-pandemic. Deal sources say the issuer captured demand for fixed-rate paper at shorter tenor in a tight execution window, with domestic real money driving the trade.
