Equity Capital Markets
Asia ex Japan issuers have raised $3.4 billion through 38 deals this week, up from $2.9 billion raised via 38 deals last week.
The largest deal of the week is a follow-on by Kaidi Ecological Environmental Technology, a Chinese Utility Energy company, for $618 million through bookrunners Deutsche Bank and China Galaxy Financial Holdings.
Asia ex Japan Utility Energy companies have raised a total of $13.2 billion in 2016 YTD in the equity capital markets, compared to $10.4 billion raised in the same period last year. The volume is led by Chinese issuers with $10.1 billion via 25 deals.