Credit Suisse continues to secure deal credits in Europe’s equity capital markets despite the marked slowdown, after Polish energy company Enea defied expectations and completed the first significant initial public offering in Europe in over three months.

The Swiss bank, along with Poland's Bank Zachodni, was bookrunner on the Enea deal, which yesterday raised about 2bn zlotys (€635m) through the sale of about 116.9 million shares.