The equity capital markets held steady this week with $2.2 billion raised via 24 issues. Morgan Stanley continues to top the league table rankings with $10.0 billion from 44 deals, followed by UBS with $9.7 billion and Goldman Sachs on $8.8 billion.
HDFC BankÆs $607 million follow-on offering was the largest issue of the week and led by Credit Suisse, JP Morgan, Merrill Lynch, Morgan Stanley, Nomura and UBS.
UBS edged past Goldman Sachs in the rankings on the back of Vista Land LandscapesÆ $462 million IPO as well as Shanghai Industrial HoldingsÆ $387 million follow-on, both priced late last week and run on a sole basis.
A handful of deals...