Equity Capital Markets
The equity capital markets raised a total of $6.7 billion from 18 issues this week, bringing volume for the year so far to $33.3 billion up 12% from the $29.7 billion recorded in the same period last year. Goldman Sachs tops the ECM bookrunner ranking for this year so far with $2.9 billion, followed by Deutsche Bank and UBS on $2 billion and $1.7 billion respectively.
Sinopec’s $3.5 billion convertible bond was the largest issue of the week. The deal was led by China International Capital Corp, CITIC Securities, Credit Suisse, Goldman Sachs and UBS. It stands as the third-biggest equity-linked deal from China...
