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
, Commonwealth Bank of Australia
, National Australia Bank, Nomura and Westpac for