A record year for IPOs in Europe is coming to a tragic halt as fears over the Evergrande ($EGRNF@China) crisis and inflation have dented investor sentiment. Debt cancellations and postponements are starting to affect business deals across the European Union. Icade Sante and Chronext both pulled deals in the past well, Eurowag forced a reduced London IPO on Friday, watching its stock fall 10% from its offer price. The problem has spread elsewhere with Peleton ($PTON@US) rival iFIT shelving its plans for an IPO in the U.S., and Life Time’s stock opened 8% below its offer price. In positive news, Truecaller completed its IPO and traded higher than its list price on Friday.