Europe

The IPO of InPost, the Polish provider of postal lockers, soared on its first day of trading on Euronext Amsterdam.

The Republic of Armenia sold a $750m 10 year bond on Tuesday, which market participants said was “expensive” for investors, with a negative new issue premium of 10bp.

The Republic of Slovenia sold its longest ever bond issue on Wednesday, just three weeks after it sold a €2bn deal. The bid for duration was evident as investors piled in with more than €4bn of orders.

Huuuge, the Polish social and mobile gambling company, has set a price range for its listing on the Warsaw stock exchange valuing it at up to $1.2bn.

Richard Luddington has joined Rothschild as a senior advisor focusing mainly on sovereigns and quasi-sovereigns in central and eastern Europe as well as the broader Europe, the Middle East and Africa region.

Supreme, the manufacturer of liquids for vapes, has successfully concluded its flotation of London’s alternative investment market (AIM).

The IPO of Dr Martens, the UK bootmaker, shut on Thursday, two days earlier than planned after the company attracted heavy demand in its first few days of bookbuilding.

China Citic Bank Corp has raised $550m from its return to the public dollar debt market after a break of more than three years. The bank priced inside fair value estimates, leading to a large drop in the final order book.

UK covered bonds are trading close to where they would be expected, given their new regulatory treatment outside the European Union. And while euro supply prospects this year could improve on last year’s paltry sum, the vast swathe of bonds redeeming in the same period translates to a technical imbalance which will support spreads.

Oesterreichische Kontrollbank (OeKB) hit the market on Tuesday for a five year dollar benchmark, raising $1.5bn despite pricing coming through the issuer’s secondary curve.

Christian Keller has become Citigroup's new head of markets and securities services for Germany and Austria.

The Agence France Trésor (AFT), the French sovereign debt office, has announced that it will issue up to €15bn of green bonds this year, a sharp increase in supply from last year.