Japan ECM volume triples YTD to $23bn
Japan posted the highest equity capital markets volume in three years thanks to a jump in follow-ons, which helped to more than triple volume to $23bn year to date from the $7.1bn reached in the same period in 2012, according to Dealogic.
ECM volume reached the highest level since 2010, with revenue
in Japan rose 84% to $441m during the period, said Dealogic.
Bankers printed follow-ons worth $17bn in 2013, almost
quadrupling from the $4.3bn during the same time in 2012.
IPO volume rose 141% from $1.7bn to $4.1bn. But this is expected
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