Equity Capital Markets
Asia ex Japan issuers have raised $2.5 billion through 21 deals this week, down from $4.3 billion raised via 46 deals last week.
The largest deal of the week is a follow-on by Melco Crown Entertainment, a Chinese Leisure Recreation company, for $670 million through bookrunners Deutsche Bank, UBS, and Morgan Stanley.
The Leisure Recreation ECM volume in Asia ex Japan totals to $5.6 billion via 37 deals so far this year, up from $4.3 billion via 39 deals in the same period last year. China leads the volume with $4.2 billion, the highest YTD level on record.