Equity Capital Markets
A total of $1.3 billion was raised from the equity capital markets via 19 issues this week, pushing year-to-date issuance to $41.7 billion -- a 216% increase compared to the same period last year.
UBS remains at the top of the bookrunner rankings with $2.9 billion, followed by Haitong Securities and Bank of China on $2.5 billion and $2.2 billion respectively.
Miclyn Express Offshore's $260 billion Australian IPO was the largest deal of the week and led by J.P. Morgan, Macquarie Group and Morgan Stanley. J.P. Morgan moved up a notch to sit in ninth place with $1.4 billion, while Morgan Stanley retained its sixth place ranking on $1.7 billion.
Goldman Sachs jumped into the top 10 to snag the seventh spot on the back of Noble Group's $254 million bought deal that it led together with Citi; and a $110 million US IPO for China Lodging Group, bookrun together with Morgan Stanley.
Issues scheduled to price next week include Man Wah Holdings' $278 million follow-on offering via Macquarie Group; and a $159 million IPO for Fook Woo Group led by RBS and UBS.
Debt Capital Markets
Two issuers tapped the debt capital markets for $547 million this week, bringing the total volume for the year so far to $18.5 billion, which is up 60% over the same period last year.
Deutsche Bank, Barclays Capital and HSBC lead the field in the league table rankings with $2.3 billion, $2 billion and $1.8 billion respectively.
Bank of India's $500 million bond was the largest deal of the week and led by Barclays Capital, Citi, Deutsche Bank, HSBC and RBS.