Equity Capital Markets
The Asian equity markets have raised $2.8 billion through 27 transactions so far this week, up from $1.8 billion and 23 transactions in the same period last week and brings YTD total volume in the region to $134.5bn, down 6% year-on-year.
A $503 million IPO in Oslo for Singapore issuer BW LPG was the largest ECM transaction of the week through bookrunners Bank of America Merrill Lynch, SEB and Deutsche Bank. This was followed by a sell-down by Zurich Insurance in New China Life Insurance through a $450 million accelerated offering.
Goldman Sachs continues to lead the league table ranking with $15.9bn...