Equity capital markets
Volume in the equity capital markets totalled $2.3 billion from 18 transactions this week, bringing the year-to-date volume to $136.7 billion, down 33% on the $205.8 billion completed in the same period last year.
Temasek Holding’s $513 million equity-linked deal was the biggest transaction this week and also marks the third-biggest Singaporean deal so far this year.
The top three banks in the league table rankings remain unchanged, with Goldman Sachs taking $11.4 billion, followed by Morgan Stanley and UBS.
Deals scheduled to price next week include a $1 billion follow-on for Daewoo Securities and a $108 million...