Dealogic roundup

Dealogic league table roundup, October 28

Goldman Sachs continues to lead the Asian league tables for equity capital markets, while HSBC heads the debt capital markets tables.

Equity capital markets
Asian equity capital markets activity reached $673 million through 19 issues this week, with year-to-date issuance at $138.5 billion, down 42% year-on-year. Goldman Sachs continues to lead the field in the league table ranking with $11.4 billion, followed by Morgan Stanley and UBS.

A $132 million IPO for Chengdu Road & Bridge Engineering was the biggest issue of the week, through sole bookrunner China Merchants Bank. Atlas Resources closed a $110 million IPO through bookrunners Indo Premier Securities and UBS, and Parkson Retail Asia completed its $109 million IPO through CIMB Bank and HSBC.

Top 10 Asia ex-Japan ECM bookrunner rankings

    Bookrunner parents Value ($m) No. %
  1 Goldman Sachs 11,417 33 8.2
  2 Morgan Stanley 9,510 40 6.9
  3 UBS 6,189 38 4.5
  4 Deutsche Bank 6,062 31 4.4
  5 Credit Suisse 6,002 34 4.3
  6 Bank of America Merrill Lynch 4,968 18 3.6
  7 Citi 4,352 33 3.1
  8 Ping An Securities 4,262 31 3.1
  9 J.P. Morgan 4,108 29 3.0
  10 Citic Securities 3,851 12 2.8

 


Debt capital markets
Two Asian borrowers raised a total of $1.5 billion in the debt capital markets this week. Korea Development Bank’s $1 billion bond was the biggest trade of the week through bookrunners Bank of America Merrill Lynch, Credit Suisse, Daiwa Capital Markets, Goldman Sachs, KDB and Mizuho. The second trade was a $500 million bond for Sun Hung Kai Properties, led by sole bookrunner Standard Chartered, in what was the first G3 bond for the issuer so far this year.

The top three banks in the league table rankings remain unchanged with HSBC taking $8.9 billion, followed by Citi and Deutsche bank.

Top 10 Asia ex-Japan DCM bookrunner rankings

    Bookrunner parents Value ($m) No. %
  1 HSBC 8,937 56 12.0
  2 Citi 5,599 35 7.5
  3 Deutsche Bank 5,430 31 7.3
  4 Goldman Sachs 5,095 25 6.8
  5 UBS 4,960 28 6.7
  6 J.P. Morgan 4,761 30 6.4
  7 Standard Chartered Bank 4,659 37 6.3
  8 Bank of America Merrill Lynch 3,945 25 5.3
  9 RBS 3,833 31 5.1
  10 Barclays Capital 3,549 23 4.8