Dealogic league table roundup, September 11

The equity and debt capital markets move forward at a steady pace.

Equity Capital Markets

A total of $703 million was raised from the equity capital markets this week, pushing year-to-date volume to $77.3 billion -- now almost on par with the $77.8 billion raised in the same period in 2008. The deal flow of 785 issues so far this year has already surpassed the activity in the comparable period last year.

China International Capital Corp remains at the top of the league table ranking with $7.6 billion, followed by Morgan Stanley on $7.4 billion and Goldman Sachs on $7.0 billion. Zhejiang Longsheng Group's $183 million convertible was the biggest deal of the week and led by China Dragon Securities.

Goldman Sachs climbs into third place in the ranking following a $134 million follow-on offering for Lenovo Group that the US house ran on a sole basis; and a $600 million convertible for Las Vegas Sands last week.

Deals scheduled to price next week include Metallurgical Corp of China's $5.1 billion IPO led by China International Capital Corp, CITIC Securities, Citi and Morgan Stanley; and Sinopharm Group's $994 million IPO via bookrunners China International Capital Corp, Morgan Stanley and UBS.

Debt Capital Markets

The revival of the debt capital markets continued this week, with $4 billion raised from four trades. Deutsche Bank holds on to the top spot in the league table ranking with $5.9 billion, followed by HSBC on $5.6 billion and Citi with $4.4 billion.

Hutchison Whampoa raised a total of $3 billion this week from two trades -- both led by Barclays Capital, Deutsche Bank and HSBC. The deal pushed HSBC up a notch in the league table and moved Barclays Capital into fourth place from fifth last week.

J.P. Morgan also climbed up one place in the ranking to sit in the seventh spot on the back of a $500 million bond for Henderson Land Development, which was led together with HSBC.

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