Equity Capital Markets
It was a quiet week in the Equity Capital Markets with under $500 million raised from 15 deals. Only one transaction surpassed $100 million û the $173 million convertible for Chaoda Modern Agriculture run by JP Morgan.
This trade was combined with a $72 million bought deal, which also featured JP Morgan as bookrunner. The credit from these two pushed the US house up one place into eighth and moved it through the $1 billion barrier from a total of 13 deals.
Aside from this there was no other movement in the table with Goldman Sachs remaining in top spot with $3.9 billion, over $2 billion ahead of Nomura.
Debt Capital Markets
Korea Zinc Co issued the only G3 bond this week, printing a $100 million trade through ABN AMRO Bank (London). The transaction moves ABN AMRO into tenth place with $383 million from four deals, pushing Standard Chartered out of the top 10.
UBS remains in first place with $1.9 billion from seven trades followed by Citigroup on $1.7 billion and Deutsche Bank on $1.6 billion.