Equity Capital Markets
Following a late rush on Thursday night, issuance topped $1.3 billion from 12 offerings this week. The largest deal was a $400m GDR for Fubon Financial. Citigroup ran the books and the credit pushes it through the $3.5 billion barrier, although it still remains over $800 million behind fifth placed UBS.
More Taiwanese issuance came when Lehman Brothers priced a $280 million convertible bond for Quanta Display. The US house remains in 10th spot although is now less than $200 million behind CSFB in ninth.
JP Morgan was the biggest mover of the week surging into the top three from fifth following a $225 million accelerated convertible for...
