Issuance in the equity capital markets dropped back to $408 million this week from 12 deals. Goldman Sachs remains firmly at the top of the rankings with almost $8 billion from 19 issues and is followed by UBS and Citigroup.
The $253 million accelerated bookbuild for South KoreaÆs Hyundai Engineering Construction was the largest issue of the week. Morgan Stanley ran the books and climbed a place to fifth spot in the league tables with $3.1 billion from 23 issues.
Shimao Property HoldingsÆ $566 million IPO is scheduled to price next week. Goldman Sachs and Morgan Stanley are the bookrunners.
Debt Capital Markets
Three trades totalling $1.5 billion breathed life back into...
