Equity Capital Markets
A total of $6.1 billion was raised from 22 issues in the equity capital markets this week, bringing volume for the year so far to $294.1 billion up 81% compared to the same period last year. Goldman Sachs tops the bookrunner ranking with $21.2 billion followed by Morgan Stanley on $20.3 billion and UBS with $16.6 billion.
The largest issue of the week was China Construction Bank Corp’s $9.2 billion rights issue of which $3.9 billion is eligible for league table credit, which was led by Bank of America Merrill Lynch, Bank of China, China Construction Bank Corp, China International Capital Corp, Citic Securities, Credit Suisse, Morgan Stanley...
