League Table Roundup August 26

The equity capital markets spring back to life while the debt capital markets continue their lull.

Equity Capital Markets

The equity capital markets stirred back to life this week with issuance reaching $1.5 billion from 16 deals.

UBS still reigns the league table rankings with $5.7 billion from 27 issues and is followed by Goldman Sachs and Citigroup.

LG Electronics' $608 million bought deal was the largest issue of the week and was solely led by Citigroup. The US banking giant also ran the books for Housing Development Finance Corp's $500 million convertible together with ABN AMRO Rothschild, Barclays Capital and JPMorgan. LG Corp raised $293 million from a follow-on offering that was bookrun by Citigroup.

The US bank's involvement in the top three deals of the week has pushed it up to third place in the league table rankings with $5.2 billion from 34 issues.

ABN AMRO Rothschild was the other bank to climb up the league tables, jumping a notch to eighth position due to its involvement in HDFC's convertible.

Debt Capital Markets

It was another quiet week in the debt capital markets with Bear Stearns printing a $100 million deal for the Philippines' National Power Corp. Total volume for the year so far stands at $23.6 billion from 63 trades.

Citigroup remains at the top of the league tables with JPMorgan and Deutsche Bank rounding up the top three.

Korea Development Bank mandated HSBC, JP Morgan and Merrill Lynch this week for a $500 million to $1 billion deal that will see the bookrunners edge up the league table rankings.

To view the latest Dealogic league tables click here.

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