Germany
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Downgrade of bank’s unsecured ratings is unlikely to lead to further repricing of other German issuers’ covered bonds -
The German cosmetics retailer fell over 7% below its IPO price on the first day of trading
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Equinix furore contained as others print without hassle
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Deal was oversubscribed with €110m of lead manager orders
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Douglas is expected to achieve a multiple of 6.1-6.3 times its 2024 Ebitda
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Biggest single day for €1bn tranches this month
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Reopening landed just 0.5bp back of secondary levels
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Investors hungry for exposure to long end of curve are finally fed
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German sub-sovereign again proves that it 'owns the long end' in euros
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Europe's biggest IPO of the year so far gains traction with investors
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Flotation of beauty products retailer includes rare €111m brownshoe option
