Dealogic league table roundup, May 20

Equity capital markets
Issuers in the equity capital markets raised a total of $6.5 billion from 20 issues this week, more than triple the $2.1 billion achieved in the week prior and stands as the third highest weekly volume in 2011. Volume was driven by a $2 billion new listing for Shanghai Pharmaceuticals, which is the fourth-largest transaction so far this year.

The deal involved four bookrunners and saw Deutsche Bank move up to second place from third with $4.2bn. The deal also saw China International Capital Corp climbed into the top 10 from 13th, with $2.2 billion. Other bookrunners included Credit Suisse and Goldman Sachs.

Goldman Sachs continues to dominate the league table rankings with $7.8 billion, followed by Deutsche Bank and UBS.

Power Finance Corp’s $1 billion follow-on was the second-biggest transaction of the week and also represents the second-biggest Indian deal this year. The bookrunners were Bank of America Merrill Lynch, Goldman Sachs, ICICI Bank and JM Financial.

Debt capital markets
Four borrowers raised a total of $2.5 billion this week. HSBC continues to lead the league table ranking with $6.2 billion, followed by Deutsche Bank and UBS.

ICICI Bank’s $1 billion trade was the largest deal of the week and led by Citi, Deutsche Bank, HSBC and RBS.

Pertamina also raised $1 billion through bookrunners HSBC, Credit Suisse and Citi, and also marks the biggest high-yield transaction this year.