Dealogic league table roundup, July 2

UBS and Deutsche Bank top the ECM and DCM rankings at the 2010 half-way mark.

Equity Capital Markets

The equity capital markets raised a total of $1.5 billion from 16 issues this week, bringing volume for the year so far to $98.7 billion -- more than double the $43.9 billion recorded in the same period last year. UBS ended the first half of 2010 at the top of the league table with $6.1 billion, followed by Goldman Sachs on $5.6 billion and Bank of China on $5.4 billion.

IDFC's $574 million accelerated bookbuild was the largest issue of the week. The deal was led by Credit Agricole CIB (CLSA), Credit Suisse, IDFC and Morgan Stanley. The US house moved up a notch in the league table rankings to sixth place with $3.4 billion worth of deal credits, while Credit Suisse climbed up a rung to ninth with $3.1 billion.

Issues scheduled to price next week include Agricultural Bank of China's long-awaited A- and H-share IPO that is expected to raise $18.9 billion (based on the mid-point of the price ranges) via bookrunners China International Capital Corp, Goldman Sachs, Morgan Stanley, Deutsche Bank, J.P. Morgan, Macquarie Group, Agricultural Bank of China International, Citic Securities, China Galaxy Securities and Guotai Junan Securities.

Debt Capital Markets

A total of $103 million was raised from the debt capital markets via two trades this week, pushing year-to-date volume to $36.4 billion, which is up 20% over the same period last year. Deutsche Bank saw out the first-half of 2010 at the head of the rankings with $3.9 billion, followed by Barclays Capital on $3.2 billion and HSBC on $3.1 billion.

Korea Investment & Securities' $58 million self-led bond was the largest deal of the week; while Woori Finance Holdings printed a $45 million trade for Shinhan Card.