Equity Capital Markets
This week saw a total of $1.9 billion raised in the equity capital markets in Asia ex Japan through six deals following the lull experienced last week due to the Lunar New Year.
The biggest deal of the week was Samsung Engineering’s $1.1 billion rights offer through bookrunners NH Investments Securities and Korea Investment Securities. The deal is also the largest South Korean ECM transaction since Cheil Industries’ $1.4bn IPO in December 2014.
Asia ex Japan rights offers has increased to $4.9 billion so far this year, the fastest start to a year on record and more than double the...