Equity Capital Markets
The equity capital markets continued at an even pace this week, raising $2.0 billion from 22 issues and bumping up year-to-date volume to $142.4 billion -- 73% higher than in the same period last year. UBS tops the league table ranking on $12.3 billion, followed by Morgan Stanley with $11.6 billion and Goldman Sachs with $10.8 billion.
CNPC Hong Kong's $480 million accelerated bookbuild was the biggest issue of the week and led by Bank of America Merrill Lynch. The US house moved up a notch to sit in eighth place on $6.0 billion.
Kaisa Group raised $445 million from its IPO via bookrunners Bank of China International and Credit Suisse....