Dealogic league table roundup, October 23

Fundraisings in the debt capital markets eclipse equity issuance volumes.

Equity Capital Markets

The equity capital markets raised $436 million this week, with the deal flow falling to 14 issues from a total of 45 deals last week. Morgan Stanley continues to top the league table ranking on $10.6 billion, followed by J.P. Morgan on $9.3 billion and UBS with $8.9 billion.

The largest issues of the week were A-share IPOs -- a $167 million IPO for Shenzhen MYS Environmental Protection & Technology via bookrunner Guosen Securities; and a $77 million fund-raising for Xinjiang West-Construction led by Orient Securities.

Outside of China, the biggest deal of the week was a $65 million follow-on offering for Brilliant Arts Multi-Media Holdings. Calyon was the sole bookrunner on the deal.

A handful of IPOs are scheduled to price next week including a $910 million initial share sale for Excellence Real Estate Group via ICBC, Morgan Stanley and UBS; Evergrande Real Estate Group's $729 million deal led by Bank of America Merrill Lynch, Bank of China, Credit Suisse and Goldman Sachs; a $396 million issue for Mingfa Group via bookrunners Bank of America Merrill Lynch, Bank of Communications and Deutsche Bank; and a $385 million IPO for South Korea's SK C&C led by Daishin Securities, Korea Investment & Securities and Woori Investment & Securities.

Debt Capital Markets

A total of $3.3 billion was raised from four trades in the debt capital markets this week -- the highest weekly level seen in over a month. Deutsche Bank remains at the top of the league table ranking with $7.3 billion, with HSBC and Citi rounding out the top three on $6.6 billion and $4.8 billion respectively.

Temasek's $1.5 billion bond, which was led by Deutsche Bank, Goldman Sachs and Morgan Stanley, was the largest deal of the week. Morgan Stanley stays in fifth place in the ranking with $4.1 billion, while Goldman Sachs moves into the top 10 to take the 10th spot on $2 billion.

J.P. Morgan moved up a notch in the league table to seventh place with $3.1 billion on the back of Noble Group's $850 million trade, which it led together with HSBC, Goldman Sachs and RBS; and State Bank of India's $750 million bond for which it acted as a joint bookrunner together with Barclays Capital, Citi, HSBC and UBS. 

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