Equity Capital Markets
A total of $557 million was raised from the equity capital markets this week through eight issues, down significantly from the $1.7 billion and 27 deals in the previous week.This brings the Asia (ex Japan) equity capital markets volume to $91.0 billion so far in 2013, down slightly year-on-year ($91.8 billion). Despite the decrease in volume, deal activity at 794 deals in 2013 YTD is up from the 769 deals completed in the same 2012 period.
A total of $557 million was raised from the equity capital markets this week through eight issues, down significantly from the $1.7 billion and 27 deals in the previous week.This brings the Asia (ex Japan) equity capital markets volume to $91.0 billion so far in 2013, down slightly year-on-year ($91.8 billion). Despite the decrease in volume, deal activity at 794 deals in 2013 YTD is up from the 769 deals completed in the same 2012 period.
The largest deal of the week was a $361 million IPO for Soilbuild Business Space REIT through bookrunners Citi, DBS and OCBC. This brings Singapore ECM volume to $7.8 billion in 2013 YTD, up sharply year-on-year ($1.7 billion) and pushes Singapore to third place in the region’s nation ranking, up from tenth place in 2012 YTD.
