Equity Capital Markets
A total of $1.6 billion was raised from the equity capital markets this week, pushing year-to-date issuance over the $25 billion mark. Goldman Sachs continues to head the league table ranking on $1.9 billion, followed by Deutsche Bank with $1.6 billion and Guosen Securities on $1.4 billion.
The largest deal of the week was Tongyu Heavy Industry’s $342 million IPO, which was led by Sinolink Securities. The Chinese securities company moved into the top 10 on the back of this deal to take ninth place in the rankings.
Deals scheduled to price or formally close next week...