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M&A activity offers ray of hope for Asia’s markets

July 26, 2010  

From Leigh Powell

There was a dispiriting slump in Asia ex-Japan’s equity and debt markets last week, with follow-on equity offerings almost half of the previous week’s. Nevertheless, regional M&A dealmaking has rallied 20% so far in 2010 year-on-year.

Equity and debt markets in Asia-Pacific ex-Japan experienced a dispiriting slump in both deal value and volume last week.

A total of 31 equity capital market (ECM) transactions were priced totaling just over US$4 billion, compared with 32 deals for...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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