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The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
Relief that the first European IPO after summer has grown in the aftermarket, though not without large concessions
BNP Paribas took Pirelli and Citi took Renk as shareholders exited and trimmed stakes on Tuesday night
The books will open on Friday morning for the Spanish frozen bakery’s second attempt at a listing, with new cornerstone investor for small part of the deal
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Deal finances January buyout by infra fund -
Direct lending group will focus on private equity clients
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Direct lenders cannot entirely replace syndicated debt markets
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New structure comes with a €200m privately placed second lien
