Almost $3 billion was raised in the equity capital markets this week û weighing in as the second busiest week of the year so far. Issuance was driven by the second largest deal of the year û the $1.3 billion accelerated bookbuild for SingTel.
The trade pushed number one bookrunner Goldman Sachs further clear at the top of the table with $3.9 billion credit from 12 deals. This represents an 18.8% market share, over $2 billion in front of second place Nomura.
Capital Securities brought the second largest transaction of the week to the market with the $616.8 million fully marketed follow on for Nan Ya PCB Corp. This was the second deal of the year for the Taiwanese house helping it to squeeze into last place in the table, knocking JP Morgan out of the top ten.
A total of five deals are currently scheduled to price next week with the IPO for Himax Technologies from Taiwan set to be the largest at just under $500 million.
DCM
No issuance took place in the debt capital markets for the second consecutive week leaving UBS still ahead as the first quarter draws to a close. Despite this inactivity volumes still remain ahead of last years figures with $10.4 billion, up from $8.4 billion in 2005.
