Equity Capital Markets
There was no change in the top 10 this week, despite four houses pricing deals. Volume was low at just under $700 million from 12 offerings.
Second placed Morgan Stanley completed the largest deal of the week with a $183 million block trade for SK Telecom. This increased the US bank's credit to $5.2 billion from 20 transactions.
Goldman Sachs maintained its comfortable lead at the top after pricing a $140 million IPO for Pacific Basin Shipping on Thursday. This pushed its credit through the $6.5 billion barrier, giving it a cushion of over $1.3 billion on its nearest rival.
Yanzhou Coal raised $162 million from a follow on run deal by...