BAML Kanga appeals to cash rich Australian investors
Bank of America Merrill Lynch is set to sell its first Kangaroo print of 2014 on Wednesday, drawing a hefty order book for a dual tranche 5-1/2 year deal. A lack of supply in Australian dollars so far in 2014 — with many issuers favouring euros — has left Australian investors thirsty for supply from international banks.
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