Equity Capital Markets
A total of $6.3 billion has been raised from the equity capital markets this week from 12 issues. UBS remains at the top of the league table ranking with $5.8 billion, followed by Goldman Sachs on $5.4 billion and Bank of China on $5.1 billion.
Bank of China's $5.9 billion convertible bond was the largest deal of the week and accounted for the bulk of issuance. It was led by Bank of China and Citic Securities and helped push the two domestic houses into the top 10, with Citic Securities claiming the fourth spot on $4.6 billion and Bank of China, as mentioned, moving into third place. The...