Equity capital markets
Activity in the Asian equity markets totalled $820 million from 10 deals so far this week, down slightly on the $1.3 billion raised from 17 issues in the previous week and marking the lowest weekly deal count since the week of January 24, 2012 ($310 million from one deal).
The biggest deal of the week was a $202 million sell-down in SapuraKencana Petroleum by Seadrill, through sole bookrunner CIMB. This deal marks the fifth-biggest ECM transaction in Malaysia and helps bring Malaysian ECM volume to $1.9 billion in 2012, up 27% on the $1.5 billion during the same period last year.
Goldman Sachs continues to lead the league table ranking with $6.1 billion, followed by UBS and Citi.
Debt capital markets
Hutchison Whampoa International was the only issuer to tap G3 debt capital markets this week for $2.5 billion, compared to five issuers raising $1.9 billion in the previous week. The bookrunners on the deal were Barclays, Deutsche Bank and J.P. Morgan. The deal helps push Deutsche Bank and Barclays up a notch to fifth and sixth place, respectively, in the league table ranking.
HSBC continues to dominate the league table rankings with $10.2 billion, followed by J.P. Morgan and Citi.
