Prospectus shambles leaves red faces but red hot Sun Art escapes

Sun Art Retail Group escaped what could have been a humiliating failure last week when a mistake was spotted in its prospectus just days before the hypermarket operator was due to list. The company was forced to issue a supplemental prospectus on Monday to correct its financial information — and ask investors to confirm their orders in the HK$8.2bn ($1.05bn) IPO that was priced two weeks ago.

  • 21 Jul 2011

Strong demand for the stock meant investors confirmed over 98% of their orders by Wednesday’s deadline. But bankers remain in uproar about the prospectus error. Many said that the deal’s sponsors put the company and its IPO at risk.

"Luckily for Sun Art this was a very hot deal ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 43,775.51 206 9.37%
2 HSBC 39,503.44 266 8.46%
3 JPMorgan 30,594.41 156 6.55%
4 Standard Chartered Bank 26,661.08 184 5.71%
5 Deutsche Bank 23,248.09 89 4.98%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 12,159.29 38 17.87%
2 HSBC 7,749.23 19 11.39%
3 JPMorgan 6,852.01 31 10.07%
4 Deutsche Bank 5,950.19 7 8.74%
5 Bank of America Merrill Lynch 4,241.86 18 6.23%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 17,284.85 59 11.22%
2 Standard Chartered Bank 14,736.48 61 9.56%
3 JPMorgan 13,336.18 58 8.65%
4 Deutsche Bank 11,726.59 29 7.61%
5 HSBC 11,633.41 53 7.55%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
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  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
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1 UniCredit 4,408.94 25 13.42%
2 ING 3,123.12 24 9.50%
3 Credit Agricole CIB 2,397.03 10 7.29%
4 MUFG 1,904.23 9 5.79%
5 Credit Suisse 1,802.80 1 5.49%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
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1 AXIS Bank 6,262.97 112 23.72%
2 HDFC Bank 3,031.20 67 11.48%
3 Trust Investment Advisors 2,793.32 96 10.58%
4 AK Capital Services Ltd 1,915.50 83 7.25%
5 ICICI Bank 1,863.14 64 7.06%