It was a lacklustre week in the equity capital markets with only $38 million raised via six issues. The top three rankings in the league tables remain unchanged with UBS leading the field on $2 billion followed by JPMorgan and Citigroup.
Credit Suisse jumped to fourth place from seventh on the back of Indochina Capital Vietnam HoldingsÆ $450 million IPO that was priced late last week and run on a sole basis.
A number of deals are scheduled to price next week, including Tongjitang Chinese MedicinesÆ $158 million IPO led by Merrill Lynch and UBS.
Debt Capital Markets
The debt capital markets saw $200 million raised this week via a single deal. Deutsche Bank continues to head the league tables with $2.5 billion while Citigroup and UBS round out the top three.
JPMorgan and UBS printed a $200 million trade for Pusan Bank that pushed the US investment house up a notch to sixth place with $441 million.