Equity Capital Markets
A total of $1.6 billion has been raised in the Asian equity capital markets through 16 deals so far this week, down on the $2.4 billion raised in the same period last week.
Huadian Power International’s $1.1 billion follow-on was the largest deal of the week through bookrunners CITIC Securities, UBS and Chuancai Securities.
The deal is also the second biggest ECM transaction from the Utility Energy sector in 2015 YTD.
Asia ex Japan Utility Energy sector ECM volume has reached a record $9.1 billion so far this year, up 41% year-on-year.