Equity capital markets
Volume in the Asian equity capital markets totalled $2.5 billion from 21 transactions, this week, bringing year-to-date volume to $26.6 billion, a 39% decrease compared to the $43.8 billion completed in the same 2011 period.
The largest deal of the week was a $358 million equity-linked issuance for Khazanah Nasional through CIMB Bank, Deutsche Bank and J.P. Morgan. The deal is also the biggest equity-linked transaction for the region so far this year.
A follow-on for Sichuan Chuantou Energy through UBS was the second largest deal of the week and Hyundai Wia Corp’s $300 million follow-on via Goldman Sachs bumped the bank...