Equity Capital Markets
The Asian equity markets have raised $1.1 billion so far this week. The largest deal of the week is a $436 million follow-on for Renhe Commercial Holdings through sole bookrunner Haitong Securities.
Notably, the biggest IPO to price at the start of the year is a $296 million IPO for Spring Airlines through sole bookrunner UBS in what stands as the biggest airlines IPO since Bangkok Airways’ raised $447 million through bookrunners Citi, Credit Suisse, DBS and Bangkok Bank in October 2014.
Asia ex-Japan ECM volume in 2014 totaled $236.4 billion via 1,734 deals, the highest annual total since 2010 $311.6 billion...
