Equity Capital Markets
The equity capital markets held steady this week with $149 million raised from six issues - pushing year-to-date volume over the $10 billion mark. Bank of America-Merrill Lynch continues to hold on to the top league table ranking with $1.93 billion, followed closely behind by UBS on $1.87 billion and Morgan Stanley with $1.7 billion.
Pusan Bank's $131 million fully-marketed deal was the biggest issue of the week and led by Daewoo Securities, HI Investment Securities and Mirae Asset Securities.
A couple of large deals are scheduled to price next week - a $1.2 billion rights offer for Singapore's CapitaLand via bookrunners Bank of America-Merrill Lynch, DBS and J.P. Morgan and...