Dealogic league table roundup, July 10

Equity Capital Markets

Issuance in the equity capital markets fell back to $578 million this week from 15 deals -- the lowest weekly level since the first week of March when $27 million was raised from eight issues. The league table rankings remain static with Goldman Sachs leading the field on $5.3 billion, followed by Morgan Stanley with $4.84 billion and J.P. Morgan close behind on $4.76 billion.

A $983 million fully-marketed deal for Neptune Orient Lines was the biggest issue for the week and led by DBS, HSBC, J.P. Morgan and Morgan Stanley. China's Your-Mart raised $143 million from the A-share market via an IPO led by Huatai Securities.

Deals scheduled to price next week include Sichuan Expressway's $334 million A-share follow-on via China Galaxy Securities; a $220 million rights issue for Golden Agri-Resources led by BNP Paribas, Credit Suisse and UBS; and Pacific Andes (Holdings)'s $143 million rights offer via bookrunners Cazenove and HSBC.

Debt Capital Markets

The debt capital markets stirred back to life this week raising a total of $2.5 billion from three deals -- the highest weekly level since the second week of April when $4.5 billion was raised from two trades. Deutsche Bank continues to top the league table rankings on $4.4 billion with HSBC and Barclays Capital rounding out the top three on $3.6 billion and $2.8 billion respectively.

Export-Import Bank of Korea (KEXIM)'s $1.5 billion bond was the biggest issue of the week and led by Bank of America-Merrill Lynch, Barclays Capital, Credit Suisse, Deutsche Bank and Morgan Stanley. Korea Gas Corp and ST Engineering also raised $500 million each.

Morgan Stanley moved up a couple of notches in the rankings to sit in sixth place on the back of the trades for Kexim and ST Engineering, the latter jointly run with Deutsche Bank.