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Naturgy and Zurich fall in secondary market after jumbo blocks
Capital raise and investor selldown follow €3bn raise by Engie on Friday evening
UKPN purchase seen as positive by rating agencies, leads to senior and hybrid upgrades
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Smaller deals open markets in France and Austria -
JP Morgan will take early lead in league table
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Doubts linger over IPO market but some hope 2025 will be the year of sell-downs
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Early ECM activity concentrated in Italy and Nordics
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Apollo to sell €316m of Lottomatica on Wednesday night
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Deals collectively returned barely more than discounts
