NIB’s 5-year Kangaroo deal increased to AUD 500m

NIB has issued an AUD 200 million tranche to increase its 5-year Kangaroo deal due 20 August 2014. The total size of the deal has thus been brought to AUD 500 million. The new tranche has an issue price of 99.318%. ANZ and Deutsche Bank are acting as joint lead managers for the issue.