Deal update: Deutsche delivers 1% discount in PZU sale

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Deal update: Deutsche delivers 1% discount in PZU sale

Bookrunner Deutsche Bank priced a Zl4.095bn ($1.419bn) accelerated bookbuild of PZU stock on Thursday morning, achieving a discount of just 1.1% to Wednesday’s close despite the large size of the deal. It represented a 30% increase in the company’s free float and around 45 days’ trading volume.

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