Equity Capital Markets
It was a subdued week in the equity capital markets with $856 million raised from 14 issues. UBS holds on to the top spot in the league table rankings with $5.9 billion, followed by Goldman Sachs and Bank of China on $5.5 billion and $5.1 billion respectively.
China Liansu Group Holdings' $250 million IPO was the biggest deal of the week and was led by J.P. Morgan and UBS. The US house moved up a notch to fourth place in the rankings with $4.6 billion.
Overseas Union Enterprise raised $148 million from a fully-marketed deal via bookrunners Credit Suisse, Morgan Stanley and Standard Chartered.
Issues scheduled to price next week include a $453 million IPO for Sunway Real Estate Investment Trust led by CIMB Group, Credit Suisse, HSBC, J.P. Morgan, Maybank Investment Bank and RHB Capital; and a $406 million rights issue for TCC International Holdings via Credit Suisse and Standard Chartered.
Debt Capital Markets
The debt capital markets saw a single trade this week -- a $30 million bond for Shinhan Capital via Korea Investment & Securities. The league table standings remain unchanged with Deutsche Bank, Barclays Capital and Morgan Stanley leading the field on $3.6 billion, $3 billion and $2.98 billion respectively.