Equity Capital Markets
A total of $2.6 billion has been raised in the equity capital markets so far this week in Asia ex Japan, through 26 deals, down from the $9.6 billion raised in the same period last week.
The largest transaction of the week is Frasers Logistics Industrial Trust’s $668 million IPO through bookrunners DBS, Citi, Morgan Stanley, OCBC and UOB. The deal is also the fourth largest IPO in Asia ex Japan so far this year.
Asia ex Japan new listings volume has reached $14.2 billion in 2016 so far, less than half the $35.5 billion raised in the...