Equity Capital Markets
Asia ex-Japan ECM volume stands at $4.3bn via 25 deals so far this week, up 66% from the $2.6bn via 25 deals completed last week.
On Aug 30, Indian issuer NTPC completed a $1.5bn follow-on via Citi, Jefferies, Axis Bank, and Yes Bank. This is the largest Asia ex-Japan ECM transaction this week and the largest Asia ex-Japan transaction in Utilities Energy sector this YTD.
Indian ECM volume stands at $14.2bn via 146 deals so far this year, almost tripled from the $5.1bn via 91 deals in 2016 YTD. Follow-ons account for 76% of total volume with $10.7bn via...