Equity capital markets
Activity in the equity capital markets totalled $1.2 billion during the past week through 18 transactions. That is almost half the $2.4 billion raised during the same period last week, which brings year-to-date volume to $139.9 billion in 2012, down 4% year-on-year.
The biggest transaction of the week was a $339 million follow on for Global Logistic Properties through bookrunners Citi, Goldman Sachs, J.P. Morgan and CICC. Noble Group also raised a $202 million follow-on through bookrunners Citi, Goldman Sachs and J.P. Morgan in what was the second-biggest ECM transaction in the region this week.
The deal helps push...
