Poland

The bookrunners on Polish debt collection agency GetBack’s Z1.1bn (€259m) IPO in Warsaw are marketing the deal at an eye-popping discount to its closest peer.

Raiffeisen Bank International (RBI) began gauging investor interest for the IPO of its Polish unit on Monday, via Citigroup and its own investment bank as leads.

Emerging Market Bond House of the Year

Medicover, the Swedish diagnostic services provider, on Tuesday joined the growing number of European companies seeking to go public before the summer, announcing its intention to float on Nasdaq Stockholm.

Poland’s largest covered bond issuer and national champion, PKO Bank Hipoteczny, has mandated leads to roadshow a prospective zloty-denominated covered bond benchmark.

Three more IPOs reached successful conclusions on Tuesday and Wednesday, including the largest in Poland for over two years.

Spearhead International, a central and eastern Europe based agriculture company, has signed its first syndicated loan for €167m.

Poland played a smart hand on Thursday to lock in €1.5bn of funding in the midst of a healthy risk-on market, but with risk events on the horizon, Poland’s deputy finance minister told GlobalCapital he was happy to be on the “safe side”.

CVC this week set pricing on a Z2.7bn ($661m) loan that finances its acquisition of Polish supermarket Żabka Polska. The banks will have their first syndication call on Friday.

Poland was quick to grab on to the relief rally that followed Wednesday's US Federal Reserve meeting, jumping into the market with a long 10 year and a tap of its existing €1.5bn 2036s on Thursday morning.

Austria’s Hypo Noe and Poland’s PKO Hipoteczny have mandated leads for roadshows that begin in mid-March and which are likely to be followed by deals.

Five new IPOs were announced in EMEA this week as the market enters a crucial window in the run-up to Easter.