MENA Kangas start to bite as ADCB closes A$250m
Abu Dhabi Commercial Bank's first Kangaroo deal in seven years, which was priced on Wednesday, was trading well in the secondary market and has pulled its competitors’ Kangaroo deals tighter in its wake. This year’s record run of MENA Kangaroos has left borrowers and bankers in no doubt as to the depth of demand, and syndicators are pitching financials and corporates across the region to follow suit.
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