Equity Capital Markets
A total of $3.6 billion has been raised in the equity capital markets through 26 deals so far this week, down from the $13.8 billion raised in the same period last week.
The largest deal of the week is a $1 billion follow-on for Infosys through sole bookrunner Deutsche Bank, which is the second biggest Indian ECM transaction in 2014 YTD.
India ECM volume has reached $11.2 billion in 2014 YTD, up 13% on 2013 YTD $10 billion. Follow-ons account for the majority of issuance with $10.8 billion in 2014 YTD, up 11% year-on-year while IPOs fell...