Equity Capital Markets
Asian issuers have raised $4.2 billion in the equity capital markets this week through 38 deals, up on the $3.3 billion via 31 deals reached last week.
The largest deal of the week is China Railway Group’s $2.0 billion follow-on offering through bookrunners Bank of China, UBS and Morgan Stanley. This deal is largest Asia ex Japan ECM deal in the Construction sector this year and has pushed the region’s total construction ECM volume to a record high of $7.0 billion in 2015 YTD, up 42% year-on-year.
UBS continues to lead the...