Dealogic League Table Round-up November 2

India's Coal India leads ECM deals this week, and Scenery Journey issues $1.8 billion to lead DCM deals.

Equity Capital Markets

Asia (ex Japan) ECM volume stands at $1.6bn via 22 deals so far this week compared to the $2.7bn via 23 deals completed in the previous week.

Indian issuer Coal India completed a $714m follow-on via Axis, ICICI, JM Financial, Kotak Mahindra, and State Bank of India in what is the largest Asia (ex Japan) ECM transaction this week.

Asia (ex Japan) Mining ECM volume stands at $1.9bn via 16 deals in 2018 YTD, down from $8.1bn via 34 deals in the same 2017 period and the second lowest YTD volume since 2013 ($1.0bn).

Goldman Sachs leads Asia (ex Japan) ECM market with $15.2bn, followed by Citi with $12.5bn and Morgan Stanley with $11.6bn

Asia (ex Japan) ECM Bookrunner Rankings - 2018 YTD
Pos. Bookrunner Deal Value ($m) No. %share
1 Goldman Sachs 15,189.4 65 7.96
2 Citi 12,524.1 76 6.56
3 Morgan Stanley 11,589.6 53 6.07
4 China International Capital Corp Ltd 10,630.1 42 5.57
5 China Securities Co Ltd 9,847.5 42 5.16
6 Credit Suisse 8,252.8 59 4.32
7 Bank of America Merrill Lynch 7,329.4 30 4.05
8
Huatai Securities Co Ltd
7,399.7 31 3.88
9 CITIC Securities 7,219.3 47 3.78
10 UBS 6,666.3 44 3.49
SOURCE: Dealogic

Debt Capital Markets

Asia (ex Japan) international DCM totaled $6.3bn via 15 deals this week, compared to $3.8bn via 9 deals in the previous week. 

The largest deal of the week goes to Scenery Journey with $1.8bn proceeds via China CITIC, Credit Suisse, Haitong Securities, and UBS.

In Asia (ex Japan) International DCM, total 2018 YTD volume stands at $277bn compared to 2017 YTD ($325.7bn) in what was the largest YTD volume on record; on the other hand, 2018 YTD reached the largest number of issuances with 785 compared to 770 in 2017 YTD.

HSBC leads the Asia (ex Japan) international DCM league with $23.3bn. This is followed by Citi with $16.2bn and Standard Chartered Bank with $12.7bn.

Asia (ex Japan) International DCM Bookrunner Rankings - 2018 YTD
Pos. Bookrunner Deal Value ($m) No. %share
1 HSBC 23,276.4 216 8.43
2 Citi 16,167.7 131 5.85
3 Standard Chartered Bank 12,729.7 132 4.61
4 Bank of China 11,597.5 129 4.20
5 DBS 11,120.3 109 4.03
6 JPMorgan 10,065.4 79 3.64
7 BNP Paribas 9,722.1 92 3.52
8 Credit Agricole CIB 9,537.9 98 3.45
9 Bank of America Merrill Lynch 9,044.0 67 3.27
10 Morgan Stanley 8,074.3 63 2.92
SOURCE: Dealogic