Equity capital markets
Activity in the equity capital markets totalled $1.3 billion through 14 issues during the past week, up slightly from the $1.2 billion raised during the previous week and bringing total year-to-date volume to $107.9 billion, down 16% on the $128.9 billion raised in the same 2011 period.
The biggest deal of the week was a $398 million follow-on for Longfor Properties through bookrunners Citi and Goldman Sachs in what was the fourth-biggest ECM transaction so far this year in the Asia ex Japan real estate industry.
Regional real estate ECM volume stands at $5.5 billion in 2012 year-to-date, down 30% on the...
