Equity Capital Markets
It has been another sluggish week in the stock markets across Asia with only 11 deals totalling less than $100 million. Two convertible bonds propped volume levels up, but even so there was less than $500 million total issuance for the third week this year.
UBS crept close to leader Merrill Lynch after acting as sole lead on the $250 million convertible bond for YTL Power Finance. This pushed it up to $2.4 billion, just behind Merrill Lynch on $2.5 billion.
The other deal of note for the week was another convertible, a $125 million transaction for India's Amtek Auto. Barclays was bookrunner on the deal, but failed to...
