Equity Capital Markets
Equity capital markets issuance dropped back to $808 million this week from 21 deals. The top 10 rankings remain unchanged with Goldman Sachs leading the field with $5.3 billion, followed by UBS on $4.3 billion and Morgan Stanley on $3.6 billion.
Shui On Land's $263 million accelerated bookbuild was the largest issue of the week and led by BNP Paribas, Goldman Sachs and Standard Chartered Bank through its Cazenove Asia unit.
Lumena Resources Corp raised $149 million from its IPO this week via bookrunners BOC International, Credit Suisse and Macquarie Group. The deal brings IPO volume to $2.3 billion so far this year -- down 84% from the $14.7...