The equity capital markets raised $244 million from eight issues this week û the third consecutive week with volumes in the region being below $300 million. Year-to-date volume has reached $54.5 billion, less than half of the $115.8 billion raised in the same period last year and the lowest year-to-date level since 2004 when it stood at $53.2 billion.
Citi maintains its lead in the league table ranking with $4.7 billion from 19 issues, followed by UBS with $3.8 billion and Credit Suisse close behind on $3.7 billion.
United TractorsÆ $382 million follow-on offering was the largest deal of the week and led by sole bookrunner UBS. The Swiss house edged...
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