The equity capital markets saw $621 million raised in the final week of the first quarter from 16 issues, bringing year-to-date volume to $23.8 billion. Goldman Sachs looks set to finish 1Q 2007 at the top of the league table rankings with $3.1 billion from nine deals, followed by UBS with $2.4 billion and JP Morgan with $2.0 billion.
The largest deal of the week was CITIC 1616 HoldingsÆ $269 million IPO bookrun by BNP Paribas. The French bank currently sits outside the top 10 in the rankings.
Debt Capital Markets
The debt capital markets stirred back to life this week with $1.1 billion raised via two trades. Deutsche Bank maintains its top position in the league table rankings with $2.7 billion while Citigroup, in second place, closes the gap with $2.4 billion followed by UBS on $1.3 billion.
Korea Development BankÆs $999 million deal was the largest trade of the week and led by ABN AMRO, JP Morgan, Merrill Lynch and UBS. JP Morgan climbed to fifth place with $691 million from seventh last week while Merrill Lynch maintained its fourth spot ranking.
