Equity capital markets
The equity capital markets helped 18 issues to raise $2.1 billion this week driving year-to-date issuance to $55 billion, slightly down from the record year-to-date volume of $56.5 billion achieved in 2010. The top three league table rankings remain unchanged, with Goldman Sachs sitting at the top on $4.9 billion, followed by Deutsche Bank and Credit Suisse.
TPK Holding’s $400million equity-linked issue was the largest deal of the week, and was led by J.P.Morgan and Nomura. Zhejiang Ming Jewelry’s $294 million IPO through Caitong Securities was next biggest.
Issues scheduled to price next week includea $1.7 billion IPO for Hui Xian Reit,...
