Equity Capital Markets
Dealflow was sluggish again this week with just $630 million raised from sixteen offerings. Just one deal broke through the $100 million barrier as the year to date volume moved up to $21.6 billion, down from $33.6 billion in the same period last year.
India again provided the bulk of the volume with the $280 million follow on for Satyam Computer Services. Joint bookrunners Citigroup, JPMorgan and Merrill Lynch ran the deal. The deal failed to make any impression on the league table rankings, although Merrill Lynch pushed its lead out at the top to $400 million.
UBS remains in second on $2.4 billion with Citigroup in third and JP Morgan...
