The equity capital markets raised $3.2 billion from 10 issues this week, lifting year-to-date volume to $4.9 billion. Citi continues to top the league table rankings with $725 million, followed by JPMorgan on $626 million and Kotak Mahindra Finance with $509 million.
Reliance PowerÆs $3.0 billion IPO, the largest listing globally so far this year and the biggest in India ever, made up the bulk of Asia ex Japan issuance this week. ABN AMRO, Deutsche Bank, Enam Financial Consultants, ICICI Bank, JM Financial, JPMorgan, Kotak Mahindra Finance and UBS were the bookrunners. ABN AMRO and UBS remain in fourth and fifth place respectively in the rankings JM Financial...
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