Activity in the equity capital markets held steady this week with $223 million raised from four issues, bringing year-to-date volume to $54.2 billion from 580 deals û down 51% compared to the $110.3 billion raised in the same period last year. Citi continues to lead the league table rankings with $4.7 billion, followed by Credit Suisse on $3.8 billion and UBS with $3.7 billion.
The $175 million convertible bond for Shanda Interactive Entertainment was the largest issue of the week and led by sole bookrunner Goldman Sachs. The US investment bank reached the sixth spot in the rankings on the back of this deal.
Deals scheduled to price before the end of...
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