Equity capital markets
Activity in the equity capital markets totalled $2.3 billion through 17 transactions during the past week, down from the $7.4 billion raised in the week prior.
The biggest deal of the week was Evergrande Real Estate’s 561 million top-up placement through bookrunners Bank of America Merrill Lynch, Deutsche Bank and Bank of China. The deal was also the fifth-biggest Asia ex-Japan ECM transaction so far this year.
Another notable deal to price this week was Shanghai Industrial’s $503 million equity-linked issue through bookrunners Bank of America Merrill Lynch, Deutsche Bank and Bank of China. It is the fourth-biggest equity-linked deal globally so...