Equity Capital Markets
A total of $4.9 billion has been raised by Asia ex-Japan issuers in the equity capital markets so far this week through 19 deals, up slightly on the $4.2 billion raised in the same period last week, bringing year-to-date issuance to $72.9 billion, down 3% year-on-year.
The largest deal of the week was a $1.8 billion follow-on for China Merchant Securities through bookrunners Huatai Securities and Huarong Securities. The deal is also the fourth biggest ECM transaction in the region in 2014 YTD.
Another notable deal to complete this week is a $1.4 billion accelerated offering for Sands China through...