Dealogic league table roundup, January 17

Equity and debt capital markets are off to a record start in 2014.

Equity Capital Markets
The Asian equity markets have raised a total of $5.5 billion through 45 deals this week, up slightly on the $5.2 billion raised in the same period last week. 2014 YTD issuance stands at $10.9 billion through 96 transactions, already the highest YTD level on record and up from $9.2 billion through 43 deals in the same 2013 period.

The largest deal of the week was CIMB Group’s $1.1 billion follow-on through bookrunners CIMB Group, Credit Suisse and Bank of America Merrill Lynch in what is the sixth biggest follow-on on record from a Malaysian issuer.

Another notable deal this week was a $657 million IPO for Shaanxi Coal Industry through bookrunners China International Capital Corp, Bank of China and Citic Securities. The deal is currently the second largest IPO globally in 2014, behind EP Energy Corp’s $704 million IPO priced on January 16.

Credit Suisse leads the league table ranking with $918 million, followed by China International Capital Corp and Bank of America Merrill Lynch.

Debt Capital Markets
Eight issuers have tapped the Asian G3 debt capital markets for $6.1 billion in 2014, nearly half the $11.7 billion raised last week, which has pushed YTD volume to $17.9 billion, also the highest YTD level on record.

Korea Development Bank completed a $1.5 billion trade through Standard Chartered, Morgan Stanley, BNP Paribas, HSBC, Barclays, KDB, Citi and Bank of America Merrill Lynch - the largest deal of the week.

South Korean issuers have tapped the G3 bond markets for $4.2 billion through four deals this year, more than triple the $1.3 billion raised in the same period last year and the highest YTD level since 2009 ($4.2 billion).

Citi leads the league table rankings with $3.8 billion in 2014 YTD, followed by Deutsche Bank and Bank of America Merrill Lynch.