It was a relatively subdued week in the equity capital markets with $861 million raised from 13 issues. Goldman Sachs maintained its lead in the league table rankings with $6.7 billion, followed by Morgan Stanley with $6.1 billion and UBS on $5.5 billion.
Sichuan Xinhua Winshare ChainstoreÆs $274 million IPO was the largest issue of the week and led by Bank of China. Noble Group raised $229 million via a bought deal bookrun by Cazenove and JP Morgan.
A handful of deals are scheduled to price next week, including a $452 million IPO for ChinaÆs LDK Solar, led by Morgan Stanley and UBS.
Debt Capital Markets
The debt capital markets saw $659 million raised via two trades this week. The league table rankings remain unchanged with Deutsche Bank leading the charge on $4.4 billion and Citigroup and JPMorgan rounding out the top three.
Citigroup, Daiwa Securities SMBC and Mizuho Financial Group printed a $411 million trade for Korea Development Bank, the largest deal of the week. ThailandÆs IRPC also raised $250 million via bookrunners Barclays Capital and Citigroup.