Equity Capital Markets
A total of $2.0 billion has been raised in the Asian equity capital markets this week through 18 transactions, down from the $7.5 billion raised last week, and brings year-to-date volume to $104.1 billion, down 11% year-on-year.
The largest deal of the week was a $744 million follow-on for Posco through bookrunners Bank of America Merrill Lynch and Goldman Sachs. The deal stands as the biggest South Korean ECM deal so far this year and the third biggest metal and steel ECM deal in the region so far this year. The deal helps push BofA Merrill up two notches in the league table...
