HSBC Holdings’ tier-two Kangaroo – priced on 14 March – is the bank’s first subordinated transaction issued in Australian dollars and its first Kangaroo in any format since 2010. With book volume once again impressing – this time for a less-trafficked asset class – deal participants say the trade reflects ongoing strength in the Australian market, including for higher-yielding instruments.
WOMEN IN CAPITAL MARKETS Yearbook 2023
KangaNews's annual yearbook amplifying female voices in the Australian capital market.