KBN prepares Kauri tap as EIB redemption offers options
Kommunalbanken is set to price the fourth tap of its March 2019 Kauri on Wednesday, with part of the demand expected to come from investors rolling out of a large European Investment Bank bond that redeems in September. Bankers are also looking at other options for holders of the EIB’s NZ$1.55bn ($1.3bn) Kauri when the bond redeems on September 10.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
