Poland

A Z4.59bn ($1.2bn) block in Allegro, the Polish e-commerce company, met with strong demand from equity investors on Tuesday night, with investors eager to buy more of the stock which was listed to acclaim in Europe last year.

Polish social and mobile gaming company Huuuge will price its Warsaw IPO at Z50, the top of the initial range, valuing the business at Z4.6bn ($1.2bn), according to sources close to the transaction.

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

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.

Deutsche Pfandbriefbank launched its first green bond this week, attracting twice as much demand as it needed for its €500m senior print.

The IPO of InPost, the Polish provider of postal lockers, is due to be priced at €16, the top of the initial range, valuing the company at €8bn when it begins trading on the Amsterdam Stock Exchange later this week.

InPost, the Polish provider of postal lockers, has set a price range for its IPO on the Amsterdam stock exchange, valuing it at €8bn at the top.

A double-digit spread over mid-swaps is still possible in covered bonds from Poland, Slovakia and Dutch conditional pass-though deals, suggesting scope for performance is strongest in these markets, said bankers on Wednesday.

Deutsche Pfandbriefbank could take advantage of a quiet backdrop in the euro FIG market to launch the first deal from its green bond framework.

Huuuge, the Polish social and mobile gambling company, revealed on Monday that it is seeking to list on the Warsaw stock exchange. The deal will be the latest in a long line of digitally focused companies to announce IPO plans.

After a record breaking year for sovereign bond issuance in central and eastern Europe, 2021 could be a different story, thanks to the European Union's vast economic support packages that could reduce the need for many CEE countries to tap international bond markets.

InPost, the Polish provider of postal lockers, has launched an IPO on the Amsterdam stock exchange, seeking to build on the momentum of compatriot e-commerce companies in equity capital markets, as exemplified by Allegro's IPO last year.