Additional European Equity News

BDC Loans - Barclays said investors are demanding higher risk premiums for business development company debt amid anxiety over private credit exposure. A broad-based debt index showed spreads rising 80bps this year, taking it to 260bps, while unsecured BDC bonds also meaningfully underperformed collateralised loan obligations, Barclays notes.

BioNTech (22UA GY) - Co.'s major shareholders, the Strungmann brothers, states the Co. is not planning a sale. Thomas Strungmann added that the short-term stock market reaction does not reflect its true value. (Handelsblatt)

Diploma (DPLM LN) - Trading update: Upgrades organic revenue growth guidance to 9% (prev. guided 6%) and operating margin to around 25% (prev. around 22.5%). States that trading remains strong, great performance continues through H1 and is confident in H2 momentum. (Diploma)

Pearson (PSON LN) - Co. announced a multi-year integrated partnership with Tata Consultancy Services to help enterprises build future-ready workforces with AI-powered learning and assessment. (Pearson)

Technip Energies (TE FP) - Co. announces a share buyback programme of up to EUR 150mln. (Technip)

Thyssenkrupp Nucera (NCH2 GY) - Co. has been awarded a 300 MW hydrogen project in Spain, with the order volume in the low three-digit million euro range. The Co. adjusted its order intake outlook for 2025/26 to between EUR 550-850mln (prev. EUR 350-900mln). (EQS)

Verbund (VER AV) - FY 2025 (EUR): Revenue 8.01bln (exp. 7.87bln), EBITDA 2.74bln (prev. 3.48bln Y/Y), sees 2026 EBITDA between 2.0-2.5bln and Group result between 0.9-1.2bln. (Verbund)