Equity capital markets
Five deals generated a total of $158 million of activity in Asia’s equity capital markets this week, marking the lowest weekly volume since the week of March 2, 2009 $21 million from seven deals. This brings the year-to-date volume to $134.5 billion, down 30% compared to the $190.8 billion raised in the same 2010 period.
Goldman Sachs continues to lead the league table ranking with $11.4 billion, followed by Morgan Stanley and UBS.
Belle Corp’s $103 million follow-on issuance was the biggest deal of the week through sole bookrunner BDO Capital Investment Corp.