Equity Capital Markets
Asia (ex Japan) issuers have raised a total of $700m through 6 deals this week, compared to the $500m via 18 deals in the previous week.
The largest deal of the week was an IPO by TKK Symphony Acquisition Corp for $220m via EarlybirdCpital.
Asia (ex Japan) issuers listing* in US volume reached its highest level on record with $6.4bn via 22 deals in 2018 YTD since 2015, even 30% higher than 2017 full-year with $5.0bn via 20 deals.
Same with last week, Goldman Sachs leads with $13.6bn followed by Citi with $10.7bn and Morgan Stanley with $10.0bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | Goldman Sachs | 13,571.1 | 52 | 8.61 |
| 2 | Citi | 10,693.8 | 57 | 6.79 |
| 3 | Morgan Stanley | 10,005.4 | 41 | 6.35 |
| 4 | China International Capital Corp Ltd | 9,165.8 | 31 | 5.82 |
| 5 | China Securities Co Ltd | 8,445.4 | 35 | 5.36 |
Debt Capital Markets
Asia (ex Japan) international DCM totaled $2.1bn via 6 deals this week, compared to $3.2bn via 8 deals in the previous week.
The largest deal of the week goes to OCBC with $725m proceeds via Credit Suisse, OCBC, and Standard Chartered.
In Asia (ex Japan) International DCM, Singaporean companies have issued the highest YTD volume this year with $21.7bn via 72 deals showing 84.6% increase from 2017 YTD ($11.8bn via 58 deals). Majority of growth is supported by growth in finance sector – $13.4bn via 28 deals this YTD compared to $6.4bn via 16 deals in 2017 YTD.
HSBC continues to lead the international DCM league with $18.2bn. This is followed by Citi with $12.2bn and Standard Chartered Bank with $10.5bn.
| Pos. | Bookrunner | Deal Value ($m) | No. | %share |
|---|---|---|---|---|
| 1 | HSBC | 18,158.7 | 161 | 8.50 |
| 2 | Citi | 12,194.8 | 97 | 5.71 |
| 3 | Standard Chartered Bank | 10,546.6 | 104 | 4.94 |
| 4 | Bank of China | 8,788.9 | 95 | 4.11 |
| 5 | Credit Agricole CIB | 7,740.2 | 78 | 3.62 |
