Equity capital markets
The Asian equity markets have raised $656 million through eight deals this week, down from the $1.8 billion raised in the same period last week and brings year-to-date volume to $53.3 billion, on par with the amount raised at this point in 2012.
The biggest deal of the week was a $220 million equity-linked offering for Asia Cement Corp through bookrunners Goldman Sachs, Bank of America Merrill Lynch and BNP Paribas and is also the fourth-biggest ECM deal from Taiwan so far this year.
ECM issuance from Taiwanese issuers stands at $2.7 billion in 2013 year-to-date, up slightly on the $2.6...