League Table Round Up October 10

A change at the top of the ECM league tables as the gap at the top of the DCM and syndicated loan tables grows yet wider.
Equity Capital Markets

Merrill Lynch jumped to the top of the ECM table this week after running the books on two deals including a $539.2 million follow on offering for Krung Thai Bank. Its total for the year now stands at $2.72bn.

The US house leapfrogged two other Stateside banks including Citigroup despite the latter's participation in four deals, which added over $400m credit to its total. Goldman Sachs was left standing on $2.42 billion from 12 deals and slipped from first to third as it did not run any transactions this week.

Debt Capital Markets

HSBC stretched its lead over Deutsche Bank even further this week, leading four deals to move on to $7.28 billion, streets ahead of the $3.87 billion raised by Deutsche. The only real movement in the table came from UBS as it moved into the top 10 after it led a $150 million debut offering for Banco De Oro Universal Bank in the Philippines.

However, Morgan Stanley and Commerce International, bookrunners on the largest deal of the week - a $300 million issue for Bumiputra-Commerce Bank - failed to make any impact on the top 10. Despite its $150 million credit from BCB, Morgan Stanley is wallowing in 24th place with just $914 million from nine issues - far below the $3.2 billion it raised to finish in eight position last year.

Syndicated Loans

Just five loan facilities were signed this week, with HSBC and Citigroup accounting for three of them. This means the two runaway leaders stretch the gap still further as Standard Chartered failed to add to its total of $2.98 billion.

To view each league table, please click the following link:


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