The equity capital markets continued at a steady pace this week with $2.9 billion raised from 31 issues. Year-to-date volume pushed through the $90 billion mark and is up 45% compared to the same period last year.
League table rankings remain unchanged since last week with Morgan Stanley leading the field on $9.8 billion and Goldman Sachs and UBS rounding out the top three. The $521 million IPO for China Real Estate Opportunities was the largest issue of the week and led by Teather Greenwood.
A number of deals are scheduled to price next week, including GMA NetworkÆs $153 million IPO led by Deutsche Bank and ATR-KIM Eng Capital Partners.
Debt...