Equity Capital Markets
It was another quiet week in the equity capital markets with only $875 million raised from 14 offerings as the quarter stuttered to a close. A total of $16.1 billion was raised in the first quarter - almost 40% less than the $26.5 billion recorded in 2004.
The only movement in the table this week came from JP Morgan as it leapfrogged Goldman Sachs into fourth place. This followed the sole book mandate on the $180 million convertible for HKR International.
Credit Suisse First Boston acted as lead on the $168 million convertible for United Overseas Bank. It wasn't enough to push it into the top 10 however as it sits in...
