Equity Capital Markets
The equity capital markets held their course this week with $680 million raised from 16 issues. The top three positions in the league table rankings are still occupied by Goldman Sachs with $6.9 billion, Citigroup and UBS.
The largest deal for the week was a $408 million bought deal for Industrial Bank of Korea that was bookrun by ABN AMRO Rothschild, CLSA, Merrill Lynch and Samsung Securities. The deal pushed CLDA back into the rankings in tenth place with $1.6 billion from 17 deals.
The rankings are set to change next week when the largest issue for the year prices on Thursday. China Construction Bank could raise over $8 billion via bookrunners China International Capital Corp, Credit Suisse First Boston and Morgan Stanley. The US investment bank is currently placed in sixth position, while CSFB sits in ninth spot.
Debt Capital Markets
It was a lack lustre week in the debt capital markets with volume reaching $264 million from only one trade.
Deutsche Bank continues to sit at the top of the league table rankings with $4.6 billion and is closely trailed by JP Morgan and Citigroup.
Bookrunners JP Morgan and Daiwa Securities printed a $264 million deal for Korea Gas Corp. The facility enabled the US house to climb up a notch in the league tables to take second place with $4.6 billion from 17 trades.
Penerbangan Malaysia's $1bn deal is set to price shortly and the league tables should see some movement. Citigroup, CIMB and HSBC are running the books with the US bank currently ranked third and HSBC in fifth place.
To view the latest Dealogic League Tables click here.