Germany
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Issuer was waiting for stock to be in a ‘more appropriate’ place before first follow-on after underwhelming IPO
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Uncertainty about the size of the impending rate cut made defensive maturities the 'right choice'
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Scientific publisher begins investor education as bankers say ‘incredibly predictable’ business is what investors want
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UniCredit has bought 9.9% of Commerzbank partly through a block trade, founder sells his Jet2 stake and natural resources company raises capital for growth M&A
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Four hybrids draw attention from rampant subordinated FIG market
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All of Tuesday’s uncapped trades increase from their expected deal sizes
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European IPO candidates need to take advantage of the next few weeks or risk having to wait till next year
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Share price falls as founder sells stake in German HR software company
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◆ Debut deal spotted tighter in secondary ◆ Some investors keen to get lines in place for future issues ◆ Buyers fine with unusual structure
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◆ No book size revealed ◆ Issuer braves volatile market ◆ Short end of curve tricky to navigate
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The recent electoral success of populist fringe parties indicates that Germany may be heading down a well-trodden path with repercussions for the Bund