Equity Capital Markets
Total issuance in the equity capital markets this week reached $569 million from 11 deals. League table rankings remain static with Goldman Sachs in first place with $6.9 billion followed by Citigroup and UBS.
A $344 million IPO for India's Suzlon Energy was the largest issue for the week and was bookrun by Enam Financial Consultants and Morgan Stanley. The US house sits in sixth place in the league tables with $4.2 billion from 25 deals.
But the league table rankings are soon set to shift with one very large dea on the the horizon. Bookrunners Morgan Stanley, CICC and CSFB will launch China Construction Bank's $7 billion plus IPO next week, while Cazenove and Morgan Stanley are also set to price a $100 million IPO for China Paradise this weekend.
Debt Capital Markets
The debt capital markets were kept afloat this week with a single $1.5 billion sovereign trade for Indonesia led by Citigroup, CSFB and Merrill Lynch.
Deutsche Bank continues to head the league table rankings with $4.5 billion, while Indonesia's deal enabled Citigroup to take second place with JPMorgan rounding out the top three. Merrill Lynch moved back into the top ten in sixth position, while CSFB jumped to seventh place from ninth last week.
A $500 million trade for China's Fosun International is scheduled to price shortly. Citigroup and Morgan Stanley are the bookrunners.
To view the latest Dealogic league tables click here.
