Dealogic league table roundup, August 29

The equity capital markets hold steady, while Korail breathes life back into the debt capital markets.
Equity Capital Markets

The equity capital markets held steady this week with $566 million raised from eight issues. Year-to-date volume stands at $52.8 billion from 554 deals û less than half of the $108.8 billion worth of deals priced in the same period last year. Citi holds on to the top position in the league table ranking with $4.7 billion, followed by Credit Suisse and Morgan Stanley, both with $3.7 billion.

Hynix SemiconductorÆs $462 million convertible was the largest issue of the week and led by KDB and Shin Young Securities.

Deals scheduled to price next week include Hindalco IndustriesÆ $1.2 billion follow-on offering via bookrunners Citi, Deutsche Bank, Merrill Lynch, RBS and SBI Capital Markets.

Debt Capital Markets

The debt capital markets stirred back to life this week with Korea Railroad CorpÆs $200 million trade led by Citi, HSBC and Morgan Stanley. Year-to-date activity now stands at $16.2 billion, down 48% from $31.1 billion at the same time last year.

HSBC remains at the head of the league table with $2.5 billion and a 15.6% market share, followed by Deutsche Bank and Citi with $2.1 billion and $1.6 billion respectively. Morgan Stanley moved up a couple of notches on the back of KorailÆs trade, to seventh place with $1.0 billion.
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