BNPP launches three-year Kangaroo issue

SYDNEY, June 16 (Reuters) - The Australian unit of French bank BNP Paribas (BNPP.PA) has launched a new three-year Kangaroo issue, joint lead RBC Capital Markets said.

Pricing is expected this week subject to market conditions. ANZ Banking Group, BNPP and RBC Capital Markets are acting as joint lead managers to the issue. (Reporting by Wayne Cole; Editing by Jonathan Standing)