It was another subdued week in the equity capital markets with only $329 million raised from seven issues. The league table rankings are unchanged with Citi holding on to the top spot with $4.4 billion, followed by Credit Suisse and UBS with $3.5 billion apiece.
Canadian SolarÆs $119 million accelerated bookbuild was the largest issue of the week and led by Deutsche Bank and Piper Jaffray & Co. The German house is currently ranked fifth in the tables with $2.7 billion.
Issues scheduled to price next week include PT Bayan Resources GroupÆs $613 million IPO via bookrunners Merrill Lynch and PT Trimegah Securities; while Citi is running the books for North Asia Investment CorpÆs $100 million listing.
Debt Capital Markets
The debt capital markets saw a single $20 million trade price this week û a medium-term note for Woori Bank via bookrunner Merrill Lynch. HSBC continues to lead the field in the league tables with $2.0 billion, followed by Deutsche Bank on $1.9 billion and Citi with $1.5 billion.
UBS moved into the top 10 to sit in ninth place on the back of a $350 million trade the Swiss house printed for SM Investments Corp late last week.
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