The equity capital markets saw $526 million raised this week via nine issues, with year-to-date volume sitting at $41 billion. The league table rankings remain unchanged with UBS sitting at the top with $5.2 billion followed by Morgan Stanley on $4.3 billion and Goldman Sachs with $4.1 billion.
Qiao Xing Mobile CommunicationÆs $160 million deal was the largest IPO of the week and led by UBS. Home Inn Hotels ManagementÆs follow-on raised $120 million via bookrunners Credit Suisse and Merrill Lynch, while Acorn InternationalÆs $119 million listing was led by Deutsche Bank and Merrill Lynch.
Debt Capital Markets
The debt capital markets ground to a halt this week with zero trades,...