A total of $4.7 billion was raised via 90 issues in the equity capital markets in January 2007, down 44% on $8.3 billion in January 2006 and way off the record $9 billion raised in January 2004. UBS has started the year off at the top of the league table rankings with $864 million while Credit Suisse and JPMorgan round out the top three.
The largest deal of the month was Focus Media HoldingÆs $609 million follow-on that was led by Citigroup, Credit Suisse, Goldman Sachs and Merrill Lynch. Kerry PropertiesÆ $301 million convertible was the second largest issue and led by JPMorgan while the $270 million IPO for Dev...
