Issues

European IPOs on pause as France votes, and September window is extremely narrow

The next six months of 2024 are shaping up to be more like a three week window

As Bastille Day — and the start of what is often a lull in capital markets — approaches, the fate of billions of euros of FIG and corporate bonds lies at the whim of UK and France voters

More flexible and varied terms from leveraged finance are appearing more often on IG deals

Market awaits EU’s lead once election volatility subsides

Banks insist the mergers and acquistions market is getting more active, but private equity firms may keep holding back until 2025

‘Still some work to be done’ in bond market’s digital transition

Governments on the continent face a tricky time balancing needs of population with demands of overseas lenders

Agency is now 65% funded with another deal planned for a couple of months’ time

Share price stays just above block price

◆ Rapid bookbuild ◆ Investors ‘don’t care’ as issuer pays negligible concession ◆ Tenor maximises Bund spread

The proposal still needs IMF and official creditor approval, which is not certain