Dealogic league table roundup, February 13

Equity Capital Markets

It was another uneventful week in the equity capital markets with $117 million raised from six issues. Bank of America-Merrill Lynch remains at the top of the league table ranking with $1.9 billion from two deals, followed by UBS on $1.8 billion and Morgan Stanley with $1.7 billion.

Year-to-date volume stands at $9.4 billion, which is marginally higher than the $9.3 billion raised in the same period 2008. However, the deal flow of 51 issues is less than half of the 106 deals priced thus far last year.

The $73 million follow-on offering for Ascendas Real Estate Investment Trust was the largest deal of the week and led by Citi and Macquarie Group. Citi sits in fifth place in the ranking with $458 million.

Debt Capital Markets

The debt capital markets saw zero issuance for the second week running. Deutsche Bank and HSBC share first place in the league table ranking with $1.3 billion apiece, while Bank of America-Merrill Lynch and RBS and share third place on $795 million each.

Year-to-date volume has reached $5.6 billion and is up 29% from the $4.4 billion raised in the same period last year. The deal flow of four trades, however, is only one-third of the 12 deals priced in 2008 year-to-date.