Source:
African Development Bank Group (AfDB) |
African Development Bank launches AUD$600 million (USD$463.9 million) Kangaroo Social Bond
A Kangaroo bond is a foreign bond issued in the Australian market by non-Australian firms and is denominated in Australian currency
The African Development Bank (www.AfDB.org) launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian dollar bond market. The transaction, announced on 8 June, was led by Nomura and RBC Capital Markets. It is the institution’s first benchmark Kangaroo since early 2018 and its first…
