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...