Equity Capital Markets
Issuance in the equity capital markets fell back to $578 million this week from 15 deals -- the lowest weekly level since the first week of March when $27 million was raised from eight issues. The league table rankings remain static with Goldman Sachs leading the field on $5.3 billion, followed by Morgan Stanley with $4.84 billion and J.P. Morgan close behind on $4.76 billion.
A $983 million fully-marketed deal for Neptune Orient Lines was the biggest issue for the week and led by DBS, HSBC, J.P. Morgan and Morgan Stanley. China's Your-Mart raised $143 million from the A-share market via an IPO led by Huatai Securities.
Deals scheduled to...