Equity Capital Markets
Issuance dropped back to $657 million from 10 deals in the equity capital markets this week after the $3.1 billion achieved in the previous week. League table rankings remain unchanged with Goldman Sachs sitting in first place with $6.4 billion from 27 issues followed by Citigroup and UBS.
HSBC Securities and Merrill Lynch ran the books for a $237 million bought deal for Hong Kong's Techtronic Industries. Merrill Lynch is ranked fourth in the tables and HSBC is tenth.
Goldman Sachs will launch a $200 million IPO for China Yurun Food next week with pricing scheduled to take place the week after.
Debt Capital Markets
After a subdued month of August...