Dealogic league table roundup, March 7

China Railway Construction lifts the equity capital markets.
Equity Capital Markets

The equity capital markets saw the H-share portion of China Railway Construction CorporationÆs IPO price at the top of the range, bringing total issuance for the week to $3.1 billion from six deals. Citi moved to the top of the league table rankings with $1.72 billion, followed closely by JPMorgan on $1.69 billion and Deutsche Bank with $1.0 billion.

The $2.3 billion H-share IPO for China Railway Construction accounted for the bulk of the volume this week and together with the $3.1 billion A-share portion, this listing is the biggest IPO globally so far this year. Citi, Citic Group and Macquarie Group ran the books and surged up the rankings as a result, with Citi advancing to first place from second last week; and Citic and Macquarie entering the top 10 to share the fifth spot.

Khazanah Nasional raised $550 million from a convertible led by CIMB Group, Deutsche Bank and UBS. The Swiss investment bank moved up a notch to take fourth place in the rankings.

Deals scheduled to price next week include Want Want HoldingsÆ $1.2 billion IPO bookrun by BNP Paribas, Goldman Sachs and UBS.

Debt Capital Markets

It was another lackluster week in the debt capital markets with only $96 million raised from a single trade. Citi printed the sole trade of the week for South KoreaÆs LS Cable.

The league table rankings remain unchanged with HSBC leading the field on $1.2 billion from seven deals, followed by Barclays Capital on $764 million and Lehman Brothers with $665 million.
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