Equity Capital Markets
Asia ex-Japan ECM volume stands at $734m via 6 deals so far this week 6 follow-ons, compared to the $3.8bn via 26 deals completed in the previous week.
On February 20, South Korean issuer Mirae Asset Daewoo completed a $656m follow-on via KB Financial Group, Samsung Securities and SK Securities. This is the largest Asia ex-Japan ECM transaction this week and the second largest ECM transaction from South Korean issuers this YTD, following Kakao's $1bn follow-on in January.
South Korean ECM volume stands at $2.1bn via 21 deals so far this year, compared to $1.5bn via 23 deals in...