Equity Capital Markets
The equity market failed to spark again resulting in another quiet week with just $623 million raised through 10 offerings. This pushed the total for the year through the $20 billion barrier from 376 deals.
Oriental Bank of Commerce was the only notable transaction of the week with a $332 million follow on. Joint books were Citigroup, Bajaj Capital, DSP Merrill Lynch, ICIC Securities Finance and Kotak Mahindra.
This had little effect on the league table positionings, however, with Merrill Lynch still leading UBS by a slim $200 million on $2.6 billion. Citigroup sits in third with $1.8 billion.
Debt Capital Markets
Activity in the debt capital markets continues to tick over...