.png){kind=logo}
GC Asia
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.
Deutsche built a fully-covered book in an hour and a half after launch on Wednesday evening, following up with price guidance of Zl3.60-Zl3.65 a share before pricing at the high end at 8.50am on Thursday when orders were worth several times the stock on offer. PZU shares had
...
Already a subscriber? Login
-
Latest news from FIG
-
Bank SLBs: the answer is staring you in the face
15 Apr 2021 -
Cantonal banks make the most of Pfandbriefzentrale absence
15 Apr 2021 -
Rabobank EUR750m 3.1% PNC Dec 28 AT1
15 Apr 2021 -
SLB fever sweeps FIG market after Berlin Hyp debut
15 Apr 2021 -
Berlin Hyp EUR500m 0.375% Apr 31 sustainability-linked senior
15 Apr 2021
-
-
Latest news from FIG
-
Bank SLBs: the answer is staring you in the face
15 Apr 2021 -
Cantonal banks make the most of Pfandbriefzentrale absence
15 Apr 2021 -
Rabobank EUR750m 3.1% PNC Dec 28 AT1
15 Apr 2021 -
SLB fever sweeps FIG market after Berlin Hyp debut
15 Apr 2021 -
Berlin Hyp EUR500m 0.375% Apr 31 sustainability-linked senior
15 Apr 2021
-
