Kangaroo comeback for rare IFC 10 year
The World Bank’s International Finance Corp is returning to the Kangaroo market to increase its 2020 bond, a rare maturity for an issuer that usually looks at five years or shorter. When it priced the first A$500m of the 2020 in July, IFC looked safe because it was outside the eurozone. But with the European agencies sitting pretty once again, can IFC offer anything special? Read EuroWeek on Friday to find out.
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