Equity Capital Markets
The Asian equity markets have raised $732 million through seven transactions so far this week, down from the $4.2 billion raised through 16 issues last week.
Bank of the Philippine Islands’ $551 million follow-on through bookrunners Goldman Sachs, JPMorgan and Bank of the Philippine Islands was the largest deal of the week, and the largest Philippines ECM transaction since Robinsons Retail Holdings’ $626 million IPO in October 2013. The second largest deal this week was Philippine National Bank PNB’s $255 million follow on through Credit Suisse, Deutsche Bank and Tangent Holdings Corp.
This helps to bring total Southeast Asia ECM...