Equity capital markets
Activity in the Asian equity markets totalled $820 million from 10 deals so far this week, down slightly on the $1.3 billion raised from 17 issues in the previous week and marking the lowest weekly deal count since the week of January 24, 2012 $310 million from one deal.
The biggest deal of the week was a $202 million sell-down in SapuraKencana Petroleum by Seadrill, through sole bookrunner CIMB. This deal marks the fifth-biggest ECM transaction in Malaysia and helps bring Malaysian ECM volume to $1.9 billion in 2012, up 27% on the $1.5 billion during the same period last year....