Dealogic league table roundup, May 28

The debt capital markets eclipses the equity capital markets in terms of new issuance.

Equity Capital Markets

A total of $660 million was raised from the equity capital markets this week via 15 issues. The top three league table rankings remain unchanged with Goldman Sachs leading the field on $5.4 billion, followed by UBS with $4.9 billion and J.P. Morgan with $4.5 billion.

A $246 million A-share IPO for Shenzhen MTC, led by Guosen Securities, was the biggest deal of the week.

Deals scheduled to price next week include rights issues for Industrial Bank ($2.6 billion) via bookrunners Credit Suisse Founder Securities, Industrial Securities and UBS Securities; and LG Innotek ($269 million) led by Daewoo Securities, Tong Yang Securities and Woori Investment & Securities.

Debt Capital Markets

The debt capital markets saw a total of $4.4 billion raised from four trades this week -- the highest weekly volume since mid-February. Deutsche Bank remains at the top of the league table ranking on $3.4 billion followed by Barclays Capital with $3.0 billion and Morgan Stanley on $2.98 billion.

Asian Development Bank's $3.0 billion trade was the largest deal of the week and led by Daiwa Capital Markets, Goldman Sachs, Morgan Stanley and UBS. The deal enabled Morgan Stanley to climb up the rankings from fifth place last week; UBS to jump two notches to take the fourth rung on $2.9 billion; and Daiwa Capital Markets to enter the top 10. The Japanese bank is currently in 10th place with $1.2 billion.

Malaysia also raised $1.3 billion from its Islamic bond via bookrunners Barclays Capital, CIMB Group and HSBC. Barclays moved up a notch in the league table on the back of the deal, pipping Morgan Stanley by a slim margin.

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