League table round up July 28

The Equity Capital Markets hold steady while the Republic of the PhilippinesÆ sovereign bond lifts the Debt Capital Markets
Equity Capital Markets

The equity capital markets held steady this week with $618 million raised from 11 issues, bringing total volume for the year so far to $59.8 billion. The usual suspects remain at the top of the league tables - Goldman Sachs in first place and UBS and Citigroup rounding out the top three.

WNS (Holdings)Æs $224 million IPO was the largest issue of the week and led by Deutsche Bank, Merrill Lynch and Morgan Stanley. Morgan Stanley also ran an $81 million accelerated bookbuild for AAC Acoustic Technologies on a sole basis and climbed up a notch in the rankings to fourth place with $3.7 billion.

Debt Capital Markets

The debt capital markets saw $756 million raised from a single trade this week. Morgan Stanley heads the league table rankings with $3.1 billion from eight deals followed by Citigroup and Deutsche Bank.

The Republic of the PhilippinesÆ sovereign trade was bookrun by Citigroup, Deutsche Bank and JPMorgan. The deal enabled Deutsche Bank and JPMorgan to displace UBS from the third spot, pushing the Swiss house down to fifth place.

KoreaÆs Posco is scheduled to price a $300 million deal next week via bookrunners ABN AMRO, HSBC and UBS. HSBC is currently ranked seventh in the tables while ABN AMRO sits outside the top 10.