Germany

Wienerberger makes SLB debut for €350m

The €813m deal is multiple times covered

◆ Both deals are expected to price as early as Tuesday ◆ Unlikely to compete for demand due to differing ratings and buyer bases ◆ NBG will print the first Greek bond after Moody’s rating upgrades

Italy government bond yields shot up on concerns of widening fiscal gap

Renk's IPO on the Frankfurt Stock Exchange tests appetite for the defence sector

Europe's IPO market looks to kick on but deals must be priced well to ensure aftermarket performance

Storied credit started with sub-benchmark plans but drummed up enough demand

Pharma company wins blowout order book as investors pile in for yield

Rates disharmony but spreads a ‘different animal’ as level proves music to borrower’s ears

Talanx and owner HDI sold stock to boost the insurer’s indexation profile

New name for the National Express attracts limp demand

◆ Investors prefer larger names, but opportunities remain ◆ HCB and Sondrio return to euro senior market