Equity Capital Markets
Asia (ex Japan) issuers have raised a total of $1.7bn via 14 deals this week, down from the $3.0bn raised via 35 deals in the previous week.
The largest deal of the week was a follow-on by Rongsheng Petro Chemical for $897m via Guosen Securities.
Asia (ex Japan) chemical ECM volume stands at $6.1bn via 50 deals this YTD, up from $5.4bn via 66 deals in the same 2017 period.
Goldman Sachs leads the ECM league table with $12.0bn in 2018 YTD, followed by Citi with $10.4bn and Morgan Stanley is third with $8.7bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | Goldman Sachs | 12,046.4 | 45 | 8.75 |
| 2 | Citi | 10,431.9 | 53 | 7.58 |
| 3 | Morgan Stanley | 8,738.4 | 33 | 6.35 |
| 4 | China International Capital Corp Ltd | 8,032.9 | 28 | 5.84 |
| 5 | China Securities Co Ltd | 7,436.6 | 29 | 5.40 |
Debt Capital Markets
Asia (ex Japan) international DCM totaled $3.3bn via 14 deals this week, down 19% from the $4.1bn issued last week via 18 deals.
Korea Hydro & Nuclear Power priced a $600m $-denominated bond this week via BNP Paribas, Citi, HSBC, JP Morgan, KDB, and UBS.
Asia (ex Japan) international DCM with floating rate has reached the largest volume with $37.3bn via 108 deals this YTD compared to $32.6bn via 85 deals in the same 2017 period.
HSBC continues to lead the international DCM league table in 2018 YTD with $16.3bn. This is followed by Citi with $11.4bn and Standard Chartered Bank with $9.5bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | HSBC | 16,285.7 | 143 | 8.39 |
| 2 | Citi | 11,434.2 | 90 | 5.89 |
| 3 | Standard Chartered Bank | 9,479.9 | 96 | 4.89 |
| 4 | Bank of China | 8,320.7 | 90 | 4.29 |
| 5 | JPMorgan | 7,129.1 | 47 | 3.67 |
