Equity Capital Markets
Asia (ex Japan) issuers have raised a total of $12.6bn through 23 deals this week, compared to the $3.6bn via 27 deals in the previous week.
The largest deal of the week was an IPO by China Tower Corp for $6.9bn via consortium of 15 banks.
Asia (ex Japan) telecom IPO volume reached its second highest level on record since 2000 YTD ($46.9bn) with $15.0bn via 12 deals in 2018 YTD, a big jump from $6.4bn (via 29 deals) in 2017 YTD.
Goldman Sachs continues to lead ECM league table with $12.0bn followed by Citi with $10.4bn and Morgan Stanley with $8.7bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | Goldman Sachs | 12,046.4 | 45 | 8.75 |
| 2 | Citi | 10,431.9 | 53 | 7.58 |
| 3 | Morgan Stanley | 8,738.4 | 33 | 6.35 |
| 4 | China International Capital Corp Ltd | 8,032.9 | 28 | 5.84 |
| 5 | China Securities Co Ltd | 7,436.6 | 29 | 5.40 |
Debt Capital Markets
Asia (ex Japan) international DCM totaled $4.1bn via 10 deals this week, down 45% from the week before with $7.5bn via 17 deals.
The largest deal of the week goes to CMHI Finance (BVI) with $1.5bn proceeds via Agricultural Bank of China, ANZ, Bank of China, DBS, HSBC, ING, Mitsubishi UFJ, Mizuho, Standard Chartered, and UBS.
Oil & Gas Industry has seen a significant decrease in international DCM volume in 2018 YTD with $5.4bn via 11 deals compared to $9.0bn via 11 deals in 2017 YTD, showing 40% decrease, and marked the lowest YTD volume since 2010.
HSBC continues to lead the international DCM league with $16.3bn. This is followed by Citi with $11.4bn and Standard Chartered Bank with $9.5bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | HSBC | 16,285.7 | 143 | 8.39 |
| 2 | Citi | 11,434.2 | 90 | 5.89 |
| 3 | Standard Chartered Bank | 9,479.9 | 96 | 4.89 |
| 4 | Bank of China | 8,320.7 | 90 | 4.29 |
| 5 | JPMorgan | 7,129.1 | 47 | 3.67 |
