Equity capital markets
Issuance in the equity capital markets dropped this week to only $855 million, from a total of nine issues, down 89% from the $7.5 billion achieved the week before and stands as the lowest level in six weeks.
The top three standings in the league table remain unchanged with Goldman Sachs sitting in first place with $4.8 billion followed by Deutsche Bank on $3.2 billion and Credit Suisse with $2.7 billion.
A $320 million equity-linked deal for Sichuan Chuantou Energy was the largest issue of the week and led by UBS. SP Setia also raised $290 million from a follow-on through...