Dealogic league table roundup, June 19

The equity capital markets record highest weekly deal flow since December 2007.

Equity Capital Markets

Issuance in the equity capital markets reached $1.9 billion this week, bringing year-to-date volume to $37.3 billion -- down 19% from the $46.0 billion raised in the same period last year. The deal flow of 36 issues was at the highest weekly level since the week of December 17, 2007, when 57 deals were completed.

Goldman Sachs continues to head the league table rankings on $5.3 billion, followed by UBS on $4.5 billion and J.P. Morgan on $4.4 billion.

Yingli Green Energy Holdings' $242 million accelerated bookbuild was the largest issue of the week (based on Dealogic's criteria which treat Yanlord's CB/equity follow-on combination as two deals) and led by Citi, Credit Suisse and Deutsche Bank. China Metal Recycling's $201 million IPO this week was the region's second largest IPO so far this year - behind China Zhongwang's $1.3 billion listing, which priced in April.

RBS moved up a notch in the ranking to seventh place on $1.7 billion, following Yanlord Land Group's $188 million convertible and $171 million follow-on offering, both jointly run with J.P. Morgan.

A host of deals are scheduled to price next week, including a $747 million follow-on for CapitaCommercial Trust via Cazenove, DBS and UOB; Smart Rich Energy Finance (Holdings)' $587 million fully-marketed deal via Morgan Stanley; and a $242 million IPO for 361 Degrees International led by Bank of America-Merrill Lynch.

Debt Capital Markets

There was zero issuance in the debt capital markets this week. Year-to-date volume stands at $22.2 billion from 46 trades -- up 78% year-on-year.

Deutsche Bank, HSBC and Barclays Capital take out the top three league table rankings on $3.6 billion, $3.5 billion and $2.5 billion respectively.

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