The equity capital markets held steady this week with $608 million raised from 17 issues. The top 10 league table rankings remain unchanged with Goldman Sachs maintaining its lead with $8.8 billion from 24 deals followed by UBS and Citigroup.
Li & FungÆs $356 million bought deal was the largest issue of the week. Goldman Sachs ran the books on a sole basis.
A number of deals are scheduled to price next week including China Merchant BankÆs $2.2 billion IPO led by China International Capital Corp, JPMorgan and UBS; and China Blue ChemicalÆs $295 million IPO bookrun by JPMorgan and UBS.
Debt Capital Markets
The debt capital markets continued its run this week with volume reaching $1.1 billion from four trades. Morgan Stanley continues to hold its lead in the league table rankings with $3.3 billion from 10 deals while Deutsche Bank and Citigroup round out the top three.
RBS printed a $500 million trade for Hyundai Capital Auto Funding, the largest deal of the week. The bank currently sits outside of the top 10.
A $350 million deal for Shinhan Bank was led by ABN AMRO, Barclays Capital, JPMorgan and Morgan Stanley. The deal enabled JPMorgan to climb up a notch to fourth place in the rankings with $2.5 billion from 11 trades.
HSBC also moved up a place in the tables to take eighth place, pushing Merrill Lynch to ninth. HSBC ran the books for Bank of IndiaÆs $240 million deal together with Barclays Capital, Citigroup and Deutsche Bank.
