Dealogic roundup

Dealogic league table roundup, June 8

China Shipbuilding Industry completes the world’s third-biggest equity-linked deal so far in 2012.

Equity capital markets
Activity in the Asian equity markets has totalled $2.2 billion so far this week, almost double the $1.3 billion raised in the same period last week, and marking the biggest issuance since the week of May 7 ($806 million through 23 deals).

Volume was pushed by a $1.3 billion equity-linked deal for China Shipbuilding Industry through sole bookrunner China International Capital Corp in what was the largest ECM transaction this week and the third largest equity-linked transaction globally so far in 2012. The deal helps bring China International Capital Corp to ninth place in the league table ranking.

The second-biggest deal of the week was a $321 million IPO for Bros Eastern, a Chinese textile firm, through bookrunner Citic Securities in what was the biggest Asia ex-Japan ECM transaction in the textile sector so far this year.

Goldman Sachs continues to lead the league table ranking with $6.1 billion, followed by UBS and Citi.

Debt capital markets
Three Asian borrowers have tapped the G3 debt capital markets this week for $1.5 billion, down from $2.9 billion by two issuers in the previous week.

The biggest deal of the week was a $500 million trade for PTT Exploration & Production through bookrunners Citi, Deutsche Bank, HSBC and UBS. The deal marks the seventh-biggest G3 deal from Thailand on record and brings G3 issuance from the nation to $1.1 billion through two trades so far in 2012.

The top three banks in the league table remain unchanged with HSBC taking $10.3 billion, followed by J.P. Morgan and Standard Chartered.

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