UniCredit

The IPO of DoBank, the Italian non-performing loan manager, has been priced at €9 a share, a third of the way up the original €8.35 to €10.25 initial range, making the deal worth €312m, including the increase option, which was exercised in full.

Five new high yield offerings, including the biggest floating rate note seen in Europe so far this year, entered the market this week. The FRN is a sign that frontiers are becoming blurred between different leveraged finance markets for debt buyers, said bankers.

DoBank, the Italian non-performing loan manager, has trimmed the price range on its €260m IPO, and will close the book today (Tuesday June 11).

The up to €292m IPO of DoBank, the Italian non-performing loan manager, will close a day earlier than initially planned, according to a regulatory filing on Friday morning.

Cooperativa Muratori & Cementisti (CMC), the construction firm, proved there are pockets of demand for the industry, despite the recent troubles of another Italian cooperative, Manutencoop.

In one of the liveliest weeks for Polish IPOs for years, Raiffeisen Polska’s flotation was pulled, debt collector GetBack priced its listing at the bottom of the range, and Play Communications, the mobile phone company, achieved a covered book on the market’s biggest IPO for five years.

Italian toll road operator, Atlantia, was the only issuer in the euro corporate bond market on Thursday. The €1bn 10 year deal could be used to finance Atlantia’s proposed acquisition of its Spanish rival Abertis.

GetBack, the Polish debt collection company, has priced its Warsaw IPO at the bottom of the range, in a further sign of the variety of outcomes in the present flotation season.

Pasubio, the Italian maker of speciality car upholstery, is funding its buyout by CVC with a leveraged loan and revolver launched on Wednesday in an issuer-friendly market.

The appetite of Schuldschein investors seems insatiable. Coming off the largest and busiest second quarter in the Schuldschein market's history, two non-German inaugural borrowers nearly doubled their funding targets on Tuesday.

Turkey’s first privately owned development and investment bank Turkiye Sinai Kalkinma Bankasi (TSKB) has refinanced a loan which matured last Wednesday with a $297m facility from a syndicate of 18 banks.

The European high yield bond market welcomed a bursting deal pipeline this week, leaving behind last week’s sabre rattling between investors and issuers.