Latest follow-on/rights issue news

  • India’s Syndicate Bank joins peers to tap capital markets

    Syndicate Bank has become the latest in a string of Indian state-owned lenders to opt for a qualified institutional placement, looking to raise up to Rp12bn ($186.2m) in primary capital.

    • 10:30 AM
  • Natco Pharma raises $142m from primary share sale

    India’s Natco Pharma has scooped up Rp9.15bn ($142m), using a qualified institutional placement to sell a chunk of new stock.

    • 12 Dec 2017
  • Punjab National Bank seals Rp50bn equity placement

    State-owned Indian lender Punjab National Bank has wrapped up an up to Rp50bn ($775m) capital raise through a qualified institutional placement, according to a banker on the deal.

    • 12 Dec 2017
  • Canara Bank issues RFP for Rp35bn QIP

    Indian state-owned Canara Bank is seeking up to Rp35bn ($543.9m) through a qualified institutional placement, and is looking to hire firms to run the deal.

    • 11 Dec 2017
  • Union Bank to take home Rp20bn from QIP

    Union Bank of India has become the latest financial institution to use the qualified institutional placement route to raise capital, as the country’s banks head to the public market to plug their capital shortfalls.

    • 08 Dec 2017
  • Deutsche Bank tweaks top ranks in Asia ECM

    Deutsche Bank shook up the senior ranks of its equity capital markets desk in Asia this week, removing the co-head structure and merging ECM with equity derivatives. The move comes amid a global reorganisation being rolled out from the bank’s headquarters that combines the equity and debt financing units with markets. John Loh reports.

    • 07 Dec 2017
  • Samsung Heavy moots second rights issue in two years

    Samsung Heavy Industries Co’s shares were battered on Wednesday after the South Korean shipbuilder announced its second rights issue in as many years.

    • 06 Dec 2017
  • DLF preps first $620m institutional fundraise since 2013

    DLF is preparing to tap equity investors for the first time in four years, as shares in the Indian real estate firm reach a level not seen since 2013.

    • 04 Dec 2017
  • TCL Multimedia switches on HK$2bn rights issue

    TCL Multimedia Technology Holdings, a Chinese consumer electronics company, is looking to add around HK$2bn ($256m) to its coffers by way of a rights issue, bringing on board BNP Paribas to fully underwrite the transaction.

    • 28 Nov 2017
  • Edelweiss, Bharti Airtel tap Indian markets for Rp48bn

    Edelweiss Financial Services has added Rp15bn ($229.6m) to its coffers after pricing its qualified institutional placement at the bottom of the range.

    • 16 Nov 2017

Follow-on/rights issue news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.62
2 CITIC Securities 21.06
3 China CITIC Bank Corp 9.72
4 China Merchants Bank Co 9.18
5 Industrial and Commercial Bank of China (ICBC) 7.56

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 16,270.37 85 6.29%
2 UBS 14,128.60 88 5.46%
3 Goldman Sachs 11,744.37 58 4.54%
4 China International Capital Corp Ltd 11,499.94 56 4.44%
5 Morgan Stanley 10,900.56 58 4.21%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 65,522.96 435 8.65%
2 Citi 60,304.20 341 7.96%
3 JPMorgan 48,158.06 268 6.36%
4 Bank of America Merrill Lynch 44,812.40 223 5.92%
5 Standard Chartered Bank 32,612.99 230 4.31%

Asian polls & awards