Equity capital markets
A total of $3.3 billion was raised from the equity capital markets this week through 23 issues, up 14% from the $2.9 billion raised during the week before, which makes it the third biggest week so far this year.
The biggest deal of the week was a $1.4 billion follow-on for CSR Corp through China International Capital Corp, Goldman Sachs, Guohai Securities and UBS. The deal is also the fourth-largest ECM transaction in Asia ex-Japan this year.
Inner Mongolia MengDin HuaNeng Thermal Power’s $737 million follow-on through China Merchants Bank and China Huaneng Group was the second-biggest deal of the week.
Guosen Securities climbed to 10th place in the league table ranking for its work on the IPO of Ningbo Cixing’s $338 million fundraising. Citi continues to lead the league table ranking with $3.7 billion, followed by J.P. Morgan and Goldman Sachs.
Top 10 Asia ex-Japan ECM bookrunner rankings
Debt capital markets
Three Asian borrowers raised a total of $799 million in the G3 debt capital markets this week —pushing year-to-date volume to $38.9 billion in 2012, up 74% from the $22.4 billion raised in the same period last year and, in fact, is the highest level on record.
The biggest deal of the week was a $600 million trade for Mongolian Mining Corp through Bank of America Merrill Lynch, ING and J.P. Morgan. It is the region’s third-biggest mining sector bond on record.
The top three banks in the league tables remain unchanged with HSBC leading on $6.2 billion, followed by J.P. Morgan and Standard Chartered.
Top 10 Asia ex-Japan DCM bookrunner rankings
Click here to view the latest Dealogic League Tables