Equity capital markets
Activity in the equity capital markets has reached $1.4 billion through 17 transactions so far this week, down from the $6.3 billion raised in the same time last week.
The largest deal of the week was a $356 million sell-down in AIA Group by Khazanah, through subsidiary Mount Swettenham Investments. Bank of America Merrill Lynch was the sold bookrunner.
Tesco Lotus Retail Growth Freehold Leasehold’s $246 million follow-on through bookrunners CIMB, Citi, HSBC, Bank of America Merrill Lynch and Kianakin Bank in what was the second-biggest ECM deal in the region this week and the ninth-largest Thai ECM...