Techem’s €735m debut blows out, book 10 times covered
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Corporate Bonds

Techem’s €735m debut blows out, book 10 times covered

Techem, a German company that provides energy billing and energy management services, produced the highlight deal of the week in Europe’s high yield market. Making its bond debut, Techem raised €735m in a deal that was 10 times subscribed on Tuesday.

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