Equity Capital Markets
A total of $1.8 billion has been raised in the equity capital markets so far this week through 18 deals, down from the $3.5 billion raised in the same period last week.
The largest deal of the week was a $482 million equity-linked deal for Khazanah Nasional through bookrunner CIMB Group, Deutsche Bank and Standard Chartered Bank. The deal is the largest exchangeable bond since Temasek Financial III raised $624 million in October 2011.
Another notable deal of the week includes a $411 million IPO from Travellers International Hotel Group through bookrunners CIMB Group, Maybank Investment Bank, Bank of America Merrill Lynch,...