Equity Capital Markets
The equity capital markets raised a total of $4.7 billion from 26 issues this week, pushing year-to-date issuance to $19.1 billion up 49% from the same period last year. Goldman Sachs leads the field in the league table rankings on $2.0 billion, followed by Deutsche Bank with $1.6 billion and Morgan Stanley with $1.0 billion.
Bank Mandiri’s $905 million follow-on was the largest deal of the week and led by Bank of America Merrill Lynch, Citi, Credit Agricole CIB and Deutsche Bank.
Debt Capital Markets
The debt capital markets activity dropped to three trades this week worth a total of $781 million the lowest weekly deal flow so far this year. Deutsche...