Dealogic league table roundup, October 15

Global Logistic Properties’ $2.6 billion IPO is Singapore’s biggest initial public offering on record.

Equity Capital Markets

The equity capital markets raised a total of $5.9 billion from 25 issues this week, bringing volume for the year so far to $200.4 billion – almost double the $108.4 billion recorded in the same period last year. Goldman Sachs tops the ECM bookrunner ranking year-to-date with $15.1 billion, followed by Morgan Stanley and China International Capital Corp (CICC) on $12.1 billion and $12.0 billion respectively.

Global Logistic Properties’ $2.6 billion IPO was the largest issue of the week. The deal, which was led by CICC, Citi, DBS, J.P. Morgan and UBS, stands as the biggest IPO from Singapore on record and is also the fourth largest IPO in Asia (ex-Japan) so far this year.

Issues scheduled to price next week include AIA Group’s long-awaited IPO that is expected to raise $15.0 billion via bookrunners Citi, Deutsche Bank, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, Barclays Capital, CIMB Group, Credit Suisse, Industrial & Commercial Bank of China J.P. Morgan and UBS.

Debt Capital Markets

A total of $2.8 billion was raised from the debt capital markets via four trades this week, pushing year-to-date volume to $66.0 billion, or 27% above the same period last year.

Morgan Stanley led the largest deal of the week -- a $1.2 billion bond for Bangkok Bank (Hong Kong). The US bank climbed up four places in the league table to lead the field with $6.1 billion, followed by HSBC and Deutsche Bank with $5.9 billion and $5.8 billion respectively.

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