The equity capital markets held steady this week with $268 million raised from 10 deals, bringing year-to-date volume to $8.2 billion from 86 issues. JPMorgan tops the league tables with $1.6 billion from six deals, having surpassed Citi thanks to the $920 million convertible that it arranged for CapitaLand before the Lunar New Year holidays. Citi is second with $768 million, followed by Deutsche Bank with $691 million.
The largest deal of the week was a $180 million convertible for TaiwanÆs Asia Cement Corporation led by Morgan Stanley. The US investment bank is ranked tenth in the league tables with $353 million.
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