The European equity-linked market has received another boost with the launch of a €600m ($538m) convertible bond from Wolters Kluwer, the Dutch publisher, following the sale of two new issues last week.
Credit Suisse First Boston and Schroder Salomon Smith Barney are joint bookrunners on the offer. Hans van Dinter, chief financial officer of Wolters Kluwer, said: "We have a close relationship with CSFB who have managed several transactions for us. SSSB has played a more junior role in past transactions and the link with them is through Citibank."