Total issuance for the year to date in the equity capital markets has pushed through the $16 billion mark after holding steady for another week with $1.2 billion raised from seven deals. Goldman Sachs continues to sit at the head of the league tables with $2.5 billion from 11 issues while Nomura and Citigroup round out the top three.
The $968 million IPO for Macquarie Korea Infrastructure Fund dominated this weekÆs activity and was bookrun by Merrill Lynch, Macquarie Securities, Samsung Securities and Shinhan Securities. Merrill Lynch jumped up two places in the league tables to sixth position with $921 million from 10 deals and Macquarie Securities entered the top 10 in seventh place with $946 million from four issues.
Citigroup has shifted to third place with $1.1 billion on the back of a $125 million convertible for IndiaÆs Punj Lloyd that was priced late last week.
Debt Capital Markets
Volume in the debt capital markets broke through the $10 billion barrier this week, following two trades totalling $1.2 billion. League table rankings are static with UBS leading the field with almost $1.9 billion and Barclays Capital and Citigroup taking second and third places.
Penerbangan MalaysiaÆs $1 billion trade kept the market afloat and was led by CIMB Securities, Deutsche Bank and Morgan Stanley. Deutsche Bank remains in fourth place in the league tables, Morgan Stanley crept up two notches to seventh while CIMB entered the top 10 to take the eighth spot.
Meanwhile, Credit Suisse and UBS printed a $200 million deal for Korea Midland Power. Credit Suisse currently sits in fifth place with $981 million from four trades.
