Although 17 deals were completed this week, total proceeds amounted to only $900 million, a meagre sum compared with the levels of recent weeks. Citigroup remains top as only a handful of the leading banks weighed in with new transactions this week.
JP Morgan priced the largest deal of the week on October 21 - a $573.3 million GDR offering for Chi Mei Optoelectronics. This issue allowed the US house to sneak past UBS into fourth spot despite the completion of a $100 million follow on for Hong Kong Shanghai Hotels by the European investment bank.
Debt Capital Markets
It was also a relatively quiet week in the debt market, although total...