Equity Capital Markets
The equity capital markets kept at a steady pace this week with total volume reaching $799 million from 18 issues. The league table rankings continue to show no movement with Goldman Sachs still holding first place with $6.9 billion from 29 deals, followed by Citigroup and UBS.
A $381 million convertible for Taiwan's United Microelectronics Corp was the largest issue of the week. Lehman Brothers and Morgan Stanley were the bookrunners.
Debt Capital Markets
The debt capital markets had a bumper week with $2.8 billion raised from eight trades, pushing total volume for the year so far over the $30 billion mark. Deutsche Bank sits at the top of the league table rankings with $4.6 billion from 18 deals, with JPMorgan and Citigroup rounding out the top three.
A $1 billion trade for China Development Bank was bookrun by Barclays Capital, BNP Paribas, Citigroup, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley and UBS. JPMorgan also ran the books on a $500 million deal for Taiwan's Cathay United Bank.
The US house crept up a place to second position in the league table rankings with $4.2 billion from 16 trades. UBS was the other mover in the rankings, climbing a notch this week to take fourth place with $3 billion from 16 deals.
Together with ABN AMRO and BNP Paribas, UBS printed a $500 million trade for Woori Bank.
A $500 million deal for China's Fosun International is scheduled to price on October 6. Citigroup and Morgan Stanley are the joint bookrunners.
To view the latest Dealogic league tables click here .
