German SME bonds revive with Seidensticker, Singulus
The German Mittelstandsanleihe (Mittelstand bond) market has come back to life after scrap metal group Scholz sold a €150m bond in mid-February. Shirt maker Seidensticker attracted a seven times oversubscribed book for its €30m 7.25% six year notes on the first day of the subscription period on February 27.
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