Dealogic League Table Round-up Dec 23

Equity Capital Markets

Asia (ex Japan) issuers have raised $2.5 billion through 26 deals this week, compared with $4.1 billion raised in the same period last week.

The largest deal of the week is China’s Zhejiang Daily Media Group’s $280 million follow-on through sole bookrunner, Xinhu Holding Co Ltd.

APAC (ex Japan) Retail sector ECM volume reached $9.3bn via 50 deals in 2016 YTD, up 112% from $4.4bn via 50 deals in the same period last year and the highest YTD total on record. Follow-ons account for 88% of volume with $8.2bn via 34 deals and up 280% from 2015 YTD ($2.1bn via 24 deals.

CITIC Securities leads the ECM league table ranking with $17.6 billion in 2016 YTD. Morgan Stanley and GF Securities complete the top three with $14.4 billion and $12.3 billion, respectively.

Debt Capital Markets

Four Asian issuers have tapped the G3 debt capital markets for a total of $614 million, just under half of the $1.3 billion raised via six deals in the same period last week.

The largest deal of the week is a $285 million high yield bond by China’s CIFI Holdings (Group) Co Ltd through a consortium of 4 bookrunners.

Chinese real estate companies dominate Asia (ex Japan) G3 volume this week, with total issuing of $585 million via 3 deals, accounting for over 95% of weekly volume.

HSBC leads the G3 bond league table in Asia (ex Japan) with $22.4 billion in 2016 YTD. Citi and Bank of America Merrill Lynch follow with $16.0 billion and $14.5 billion, respectively.