Equity Capital Markets
Asia (ex Japan) ECM volume stands at $2.2 billion via 17 deals so far this week compared to the $2.1 billion via 27 deals completed in the previous week.
Chinese issuer Smart Insight International completed a $1.0 billion convertible via JPMorgan, Goldman Sachs, and HSBC in what is the largest Asia (ex Japan) ECM transaction this week.
Asia (ex Japan) Convertible volume stands at $28.8 billion via 147 deals in 2018 YTD, up 11% from the $26.0 billion raised in the same period last year and marks the highest YTD volume since 2010. Real estate-related deals account for most of the total issuance volume (24%) with $6.7 billion raised this YTD.
Goldman Sachs leads Asia (ex Japan) ECM market with $15.9 billion, followed by Citi with $12.6 billion and Morgan Stanley with $11.7 billion.
Pos. | Bookrunner | Deal Value ($m) | No. | %share |
---|---|---|---|---|
1 | Goldman Sachs | 15,906.02 | 68 | 8.01 |
2 | Citi | 12,613.17 | 78 | 6.36 |
3 | Morgan Stanley | 11,694.64 | 56 | 5.56 |
4 | China International Capital Corp Ltd | 11,025.08 | 44 | 5.56 |
5 | China Securities Co Ltd | 10,233.5 | 43 | 5.16 |
Debt Capital Markets
Asia (ex Japan) international DCM volume stands at $6.1 billion via 12 deals so far this week compared to $7.9 billion via 17 deals in the previous week.
Singaporean issuer DBS issued a covered bond with $1.25 billion proceeds via Academy Securities, Barclays, DBS, HSBC< ING Bank, TD Securities, and UBS in what is the largest Asia (ex Japan) international DCM transaction this week.
In Asia (ex Japan) International DCM, Oil & Gas volume reached $9.6 billion via 13 deals, down from 34% from the $14.5 billion raised in the same period last year, and marks the lowest YTD volume since 2011 YTD.
HSBC leads the Asia(ex Japan) international DCM league with $25.1 billion. This is followed by Citi with $17.5 billion and Standard Chartered Bank with $15.0 billion.
Pos. | Bookrunner | Deal Value ($m) | No. | %share |
---|---|---|---|---|
1 | HSBC | 25,122.41 | 235 | 8.33 |
2 | Citi | 17,489.36 | 144 | 5.80 |
3 | Standard Chartered Bank | 14,973.36 | 153 | 4.97 |
4 | Bank of China | 12,380.19 | 144 | 4.11 |
5 | DBS | 11,904.45 | 115 | 3.95 |