The equity capital markets ploughed ahead this week with $824 million raised from 15 issues and pushing volume over the $90 billion barrier - the highest year-to-date volume on record. Goldman Sachs continues to sit comfortably in the top league table spot with $9.3 billion from 27 deals.
Seaspan CorpÆs $215 million fully marketed follow-on was the largest issue of the week and led by Citigroup and Merrill Lynch. Citigroup also ran the books for Suzlon EnergyÆs $177 million bought deal and climbed up a notch in the rankings to sixth place with $5.6 billion from 41 issues.
Debt Capital Markets
The debt capital markets saw $391 million raised this week from two trades. Deutsche Bank remains in first place with $4.0 billion from 23 trades while UBS sits close behind on $3.9 billion, followed by Morgan Stanley with $3.8 billion.
HSBC and Morgan Stanley printed a $240 million trade for Swire Pacific MTN Financing, the largest deal of the week. Goldman Sachs led a $150 million deal for Korea Water Resources Corp and moved up a place in the rankings to ninth with $1.9 billion from 11 deals.
