European banks hop into Kangaroos

Australia_map_Fotolia_230x150
By Frank Jackman
23 May 2019

Barclays plans to follow Crédit Agricole and Handelsbanken into the Kangaroo bond market. The UK lender mandated leads for a deal on Wednesday after the other two banks brought deals on Tuesday.

“The Australian market is a favoured peripheral market for issuers,” said a Kangaroo banker. “The market backdrop is incredibly constructive. There is a significant number of investors and corporate credit funds showing positive inflows.”

On Wednesday, Barclays mandated ANZCommonwealth Bank of Australia, National Australia Bank, Nomura and Westpac for ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.