Equity Capital Markets
A total of $1.9 billion has been raised through 26 deals in the equity capital markets in Asia ex Japan so far this week, down from the $2.9 billion raised through 32 deals in the same period last week.
Huaneng Power International Inc’s $737 million follow-on through sole bookrunner CITIC Securities is the largest deal of the week.
It is the fifth biggest Utility Energy sector ECM transaction in the region so far this year behind China National Nuclear Power’s $2.2 billion IPO in June this year.
Asia ex Japan accounts for 21% of global Utility Energy sector...