Equity Capital Markets
A total of 22 deals were priced last week with convertible issues once again dominating accounting for four of the top five biggest offerings structured as equity-linked transactions. The table remained identical to last week's edition, Goldman Sachs remains in top position with $3.2 billion, while Morgan Stanley remains hot on its heels just $23 million behind.
Merrill Lynch is still in third spot, although UBS is now only $250 million back in fourth place. Deutsche Bank ran the books on the largest issue of the week - a $225 million convertible bond for Taishin Financial Holdings - as well as a $125 million deal for Tata Teleservices.
This left the German...