Equity Capital Markets
A total of $2.4 billion was raised from the equity capital markets from 28 issues this week, bringing volume for the year so far to $7.3 billion. This is the biggest start to a year in the region, and surpasses the $6.1 billion raised in the same period in 2009.
Goldman Sachs tops the bookrunner ranking with $1.9 billion, on the back of China Pacific Insurance Group’s $1.8 billion follow-on offering late last week, which the US house ran on a sole basis. The bank also led Li Fung’s $71 million accelerated bookbuild this week.
GF Securities follows in second place on $822 million, while Essence Securities and Deutsche...