Europe

Romania’s electricity producer is reopening Europe’s IPO market

◆ Issuer committed to cancelling as much old capital as possible ◆ Buying back above par ◆ All buying-back thanks to new AT1 providing capital optimisation

CréditAg enjoys blow-out reception, demand for Icrea gets late boost

The country's borrowing needs have increased since its last Eurobond issue in January

Compatriots' recent deals helped provide clarity on pricing

◆ Deal expected to come wider than peers ◆ Wider spread likely to mitigate investors asking for shorter maturities ◆ Will be issuer's second covered bond ever

‘Quality’ investors flock to new paper as market braces for more supra supply this week

Demand for ADR swells to more than four times oversubscribed

Books are multiple times covered throughout the revised range

Bond investors continue to demand premiums from CEE issuers due to the Ukraine war

Rump placement on Friday was oversubsribed

After the UK finally ratified its MoU with the EU this week, Paris is ready to lay claim to being the bloc's financial capital. But the EU must complete its much-delayed Capital Markets Union if it is to hold on to its newfound status