Equity Capital Markets
In another slow week, just $640 million was raised through 12 offerings. Top house Goldman Sachs was not involved on any deal but remains comfortably in first position and over $1.4 billion ahead of nearest rival Morgan Stanley in second.
Third placed UBS ran the books on two follow-on transactions, one for LG Corp and another for GS Holdings, lifting it through the $4 billion mark. The market is still preparing for three benchmark IPOs scheduled to price in the first week of October for Hutchison Telecommunications International, Starhub and China Power International.
Together the three are expected to raise close to $2 billion.
Debt Capital Markets
After a vibrant week...