The equity capital markets managed to hold its head above water this week with volume reaching $269 million from six issues. Goldman Sachs remains streets ahead in the rankings with $7.7 billion from 17 deals and is trailed by UBS and Citigroup.
The $232 million IPO for Banyan Tree accounts for the bulk of issuance this week and was bookrun by DBS and UBS. The Singapore bank sits outside of the top 10 while UBS clings onto second place with $5.3 billion.
Scheduled pricings next week include Shui On LandÆs $862 million IPO led by Deutsche Bank, HSBC and JPMorgan Yanlord Land GroupÆs $260 million listing bookrun by Hong Leong...