Equity Capital Markets
Just under $1 billion was raised in the equity market last week as several deals priced late on Thursday night. Morgan Stanley caught up some ground on leader Goldman Sachs by pricing the largest deal of the week - a $480 million follow on for SingTel. This pulled the US house to within $2 billion after it broke through the $7 billion barrier for the year.
Other deals included a $125 million convertible bond for Larsen Toubro through bookrunners Citigroup and ABN AMRO Rothschild. JP Morgan also priced a $100 million offering for Wintek.
The top ten rankings in the league table remain unaffected though as JP Morgan stays in...