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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 17 November 2023
Deal flow showed no sign of slowing in the Australian dollar market as the calendar flipped into the second half of the penultimate month of the year. Banks continued to print new unsecured and residential mortgage-backed securities deals, while the same issuer sector also produced the bulk of volume in the New Zealand primary market.
First Contact in Australian dollars as Kiwi corporate flow continues
Contact Energy says it has long-term plans to build out its presence in the Australian dollar market following a well-received Kangaroo green-bond debut. The issuer is the fourth New Zealand-based corporate name to print an Australian dollar transaction this year and the second in November.