The equity capital markets held steady this week with issuance reaching $761 million from 16 deals. Goldman Sachs sits firmly at the top of the league tables with $3.9 billion from 13 issues while Nomura and Morgan Stanley take out second and third place.
Credit Suisse climbed back into the top 10 on the back of Henderson InvestmentÆs $401 million bought deal. The Swiss investment house is placed ninth, just ahead of JPMorgan.
Dalian PortÆs HK$1.99 billion deal is expected to price soon with BNP Paribas and UBS running the books.
Debt Capital Markets
It was a subdued week in the debt capital markets with $500 million raised from a single trade. UBS continues to lead the league table rankings with $1.8 billion from seven deals, slightly ahead of Citigroup in second place and Deutsche Bank in third.
Industrial Bank of KoreaÆs $500 million deal was bookrun by ABN AMRO, Barclays Capital and JPMorgan. Barclays remains in fourth position in the tables, JP Morgan in fifth while ABN AMRO climbed a notch to take out ninth place.
A number of deals are scheduled to price shortly and could see some shuffling of places within the league tables. Deutsche Bank, Goldman Sachs, Morgan Stanley and Woori Securities will bookrun a US dollar benchmark trade for Woori Bank; San Miguel will see Citigroup, Credit Suisse, Deutsche Bank and HSBC lead a US dollar trade; and Merrill Lynch and UBS will bookrun a deal for KT Corp.