Equity Capital Markets
The equity capital markets raised a total of $2.2 billion from 20 issues this week -- bringing year-to-date volume to $62.5 billion, down 13% compared to the same period last year. China International Capital Corp continues to top the league table ranking with $7.6 billion, followed by J.P. Morgan on $6.5 billion and Morgan Stanley close behind with $6.4 billion.
Credit Suisse led the two largest deals of the week -- convertibles for CapitaLand $762 million and Bumi Resources $375 million. The Swiss house moved up a notch to sixth place in the league table with $4.4 billion.
J.P. Morgan nudged ahead of Morgan Stanley to sit in second place...