Equity capital markets
Activity in the equity capital markets totalled $2 billion through 12 transactions this week, down 40% on the $3.3 billion raised during the same period last week.
The biggest transaction of the week was the $741 million sale of shares by Maxis Communications through bookrunners CIMB and Credit Suisse. The deal marks the fourth-biggest ECM transaction in Southeast Asia and brings all secondary accelerated offerings including accelerated bookbuilds and bought deals in the region to $3.5 billion from 23 transactions so far this year, up from the $1.3 billion from 10 deals completed during the same period last year and marks the highest year-to-date...