Goldman Sachs ECM team leads the Asia Ex Japan ECM league table at the nine month mark of 2003, having raised almost $2.5 billion from 12 issues. The US house ran the books on six deals in the third quarter, boosting its league table position from a lowly sixth at the halfway point, when it had raised just $375 million from four transactions.
The most prominent of its recent offerings has been the $1.6 billion follow on offering for Chungwha Telecom, which also numbered Merrill Lynch and UBS as bookrunners. These two have also had a busy quarter, taking part in five and eight deals respectively.
Morgan Stanley had led the way...
