Equity Capital Markets
The equity capital markets stirred back to life this week with issuance reaching $1.5 billion from 16 deals.
UBS still reigns the league table rankings with $5.7 billion from 27 issues and is followed by Goldman Sachs and Citigroup.
LG Electronics' $608 million bought deal was the largest issue of the week and was solely led by Citigroup. The US banking giant also ran the books for Housing Development Finance Corp's $500 million convertible together with ABN AMRO Rothschild, Barclays Capital and JPMorgan. LG Corp raised $293 million from a follow-on offering that was bookrun by Citigroup.
The US bank's involvement in the top three deals of the week has pushed...