Equity Capital Markets
A total of $4.2 billion was raised from the equity capital markets this week, split on 26 issues. Goldman Sachs maintains its place at the top of the league table rankings with $1.9 billion, followed by Deutsche Bank and Morgan Stanley on $1.2 billion and $959 million respectively.
The largest deal of the week was Avago Technologies’ $694 million bought deal, which was led by Deutsche Bank and Barclays Capital. The German house moved up a notch in the league table, having also led a $500 million convertible bond for Essar Energy together with J.P. Morgan and Standard Chartered Bank.
Morgan Stanley climbed into the top three on the back...