Equity Capital Markets
Issuance in the equity capital markets has punched through the $50 billion mark, achieving the highest weekly volume for the year to date with $4.2 billion from 13 deals. UBS continues to sit at the top of the league table rankings with $4.7 billion and is trailed by Goldman Sachs and Merrill Lynch.
The largest issue of the week was Chunghwa Telecom's $2.5 billion follow on offering that was bookrun by Goldman Sachs, Morgan Stanley and UBS. The Taiwan telecommunications giant also raised $512 million from a fully marketed follow on that was led by Capital Securities Corp.
Goldman Sachs managed to secure second place in the league tables also via...
