Equity capital markets
Activity in the equity capital markets totalled $1.2 billion from 10 transactions during the past week, bringing year-to-date volume to $4.5 billion, down from the $21 billion raised in the same period last year. That marks the weakest start to a year since 2003 $1.2 billion.
Pegatron’s $300 million equity-linked issue was the biggest deal of the week and was led by Citi and DBS, which enabled both banks to jump to fourth and ninth place respectively in the league table ranking.
Citi was also the bookrunner for SM Investment’s $250 million equity-linked deal, along with J.P. Morgan. It was...
