League Table Round Up June 24
Bank of Communications keeps the Equity Market afloat while the Debt Market is buoyed by Hutch.
June 23, 2005
Equity Capital Markets
The equity market continues to struggle and reached a standstill this week with the lowest issuance of the year - just $160 million. Next week, however, will see the year's largest deal, a $3.73 billion IPO for China Shenhua Energy, pricing on June 8.
Merrill Lynch, Deutsche Bank and China International Capital Corp are bookrunners.
Debt Capital Markets
The week saw a faint ripple of activity with a $350 million trade for Thai Oil. Joint bookrunner ABN AMRO crept up the league table to eighth place with $538m, after dropping to the tenth spot last week.
UBS also ran the books and retained its fourth place ranking with $1.42bn from six deals.
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