Equity Capital Markets
A total of $2.9 billion has been raised in the equity capital markets so far this week through 18 deals, down 9% on the $3.2 billion raised in the same period last week and brings YTD issuance to $59.3 billion in 2014, the highest YTD level since 2011 $68.2 billion and up 3% year-on-year.
The biggest deal of the week was a $1.7 billion rights issue for New World Development through bookrunners HSBC and Standard Chartered. The deal is the third largest ECM transaction in Asia ex-Japan so far this year.
Asia ex-Japan rights issue volume has reaches $5.3 billion in 2014...
