dealogic-league-table-roundup-may-15

Dealogic league table roundup, May 15

The equity capital markets move up at a steady pace and Kowloon-Canton Railway Corp lifts the debt capital markets.

Equity Capital Markets

The equity capital markets edged upwards at a steady pace this week with $1.4 billion raised from 19 issues, pushing year-to-date issuance to $25.3 billion from 264 deals -- one-third less than the $36.9 billion worth of deals priced in the same period last year.

UBS holds on to the top position in the league table rankings with $3.5 billion, followed by Morgan Stanley on $3.0 billion and Goldman Sachs on $2.9 billion. Credit Suisse fell out of the top 10 rankings this week.

Deutsche Bank moved up a couple of notches to ninth place on the back of the $781 million accelerated bookbuild in DLF that it ran together with J.P. Morgan. This was the biggest issue of the week and also pushed J.P. Morgan to fourth place in the league tables from fifth last week.

Debt Capital Markets

Activity in the debt capital markets kept an even pace with a total of $762 million raised from two trades this week, bringing year-to-date volume to $18.7 billion -- up 120% from the $8.5 billion raised in the same period last year.

HSBC remained at the top of the league table rankings with $3.1 billion, while Deutsche Bank and Citi round out the top three with $2.8 billion and $2.2 billion apiece.

Citi, Deutsche Bank and HSBC printed the largest deal of the week - a $750 million trade for Kowloon-Canton Railway Corp. The corporate bond propelled Citi up a spot in the rankings from fourth place last week. 

¬ Haymarket Media Limited. All rights reserved.