Equity capital markets
A total of $1.2 billion has been raised in the Asian equity capital markets through 16 deals this week, compared to $1.5 billion in the same period last week and bring total year-to-date issuance to $81 billion, up on the $75.7 billion raised in 2012 year-to-date.
China leads the weekly issuance with four deals raising a total of $597 million- the largest deal of which was Fangda Carbon New Material’s $294 million follow-on through bookrunners Credit Suisse and China Galaxy Securities. The deal is also the fifth-biggest tech ECM deal in the region in 2013 year-to-date.
Goldman Sachs maintains...
