Equity Capital Markets
The equity capital markets saw 19 issues raise $2.1 billion this week driving year-to-date issuance to $174.8 billion, or 91% above the same period last year. The top three league table rankings remain unchanged with Goldman Sachs sitting at the top on $11.1 billion, followed by Morgan Stanley on $10.7 billion and China International Capital Corp with $10.4 billion.
Hengdeli Holdings’ $322 million convertible was the largest deal of the week and led by J.P.Morgan and Standard Chartered Bank. J.P. Morgan sits in sixth place in the ranking with $8.6 billion.
Citi moved up a notch in the league table to take the ninth spot with $5.1 billion on the back of...