Dealogic league table roundup

Dealogic league table roundup, June 7

Both the equity and debt capital markets experience a lull in activity.

Equity capital markets

Asian equity markets have raised a total of $1.4 billion through 24 deals so far this week, almost half the $2.8 billion raised in the same period last week.

The largest deal to complete this week was a $235 million follow-on for Citic Telecom through bookrunners Citic Securities, Standard Chartered, DBS, Deutsche Bank and UBS. Chinese issuers led issuance this week with $615 million raised through six transactions and brings total Chinese ECM volume to $40.4 billion in 2013 year-to-date — up 16% compared to the same period last year.

Another notable deal to complete this week was a $79 million IPO for LightInTheBox through bookrunners Credit Suisse and Stifel in what is the first Chinese IPO to list in the US since YY raised $94 million in November 2012.

Goldman Sachs continues to lead the league table ranking with $8.9 billion, followed by UBS and Morgan Stanley.

 

Debt capital markets
Huaneng Hong Kong Capital’s $400 million deal was the only issue in the G3 debt capital markets this week, marking a slight improvement compared to the $295 million raised by Korea Development Bank last week.

Hong Kong issuers have tapped the G3 bond markets for a total of $12.3 billion in 2013 year-to-date, a 19% decrease compared to the record raised in the same 2012 period ($15.2 billion).

HSBC leads the league table ranking with $10.6 billion in 2013 year-to-date, followed by Goldman Sachs and Citi, respectively.