1Q12 Thomson Reuters Equity Capital Markets Review

7/31/2019 1Q12 Thomson Reuters Equity Capital Markets Review

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GLOBAL EQUITY CAPITAL MARKETS REVIEWMANAGING UNDERWRITERS

First Quarter 2012


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First Quarter 2012 | Equity Capital Markets | Managing Underwriters

Equity Capital Markets Review

Table of Contents

13

Asia Equity & Equity-Related, inc Chinese A-shares (C1b)

Japan Secondary Offerings (C8d)

Global Equity & Equity-Related (C2)

Global Convertibles (C9)

Global IPOs (C5)

Japan Equity

Equity Capital Markets Criteria Summary

10

Japan Convertible Offerings (C9e)

8 Japan Common Stock (C4d)

9

EMEA Equity

EMEA Equity & Equity-related (C1d)

EMEA Common Stock (C4c)

EMEA Deals Intelligence

EMEA IPOs (C7c)

Global Equity & Equity-Related (C1)

Global Equity

Global Deals Intelligence

Leading Underwriters for Third Quarter 2010

13

Criteria Summary

Global Scorecard

Global Debt, Equity & Equity Related (A1)

14

13

Asia Equity

9

Japan IPOs (C7d)

1

2

2

2

2

3

3

3

EMEA Rights Offerings (C8fr)

EMEA Convertibles (C9d)

Japan Equity & Equity-Related (C1e)

Regional Contacts

13

9

14

8

9

13

Global Equity & Equity-Related inc. Warrants

US Convertibles (C9a)

US IPOs (C6)

US Equity

US Deals Intelligence

US Equity & Equity-Related (C1a)

Global Equity Rankings - Last Ten Years

Asia Secondary Offerings, inc Chinese A-shares (C8c)

10

11

Australian Equity & Equity-related (AK1)

Australia Equity

Australian Common Stock (AK2) 12

Thomson Reuters Solutions for the Deal

Making Community15

Asia Common Stock, inc Chinese A-shares (C4a) 11

Asia Equity & Equity-Related, ex Chinese A-shares (C1ba)

Banking Composite of Top US Equity Bookrunners

US Equity & Equity-Related inc. Warrants

USCommon Stock (C3)

5

3

US Secondary Offerings (C8a)

5

12

5

11

11

Asia Convertibles, inc Chinese A-shares (C9b)

7

6

6

6

6

Asia IPOs, inc Chinese A-shares (C7a)

4

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Global Equity Capital Markets: Ten Years of Rankings

1

2

3

4

1

2

3

4

Citi

Goldman Sachs & Co

JP Morgan

Morgan Stanley

Note: League Table positions reflect consolidation within the banking sector.

5

6

7

8

9

10

5

6

7

8

9

10

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

R

ank

Credit Suisse

Deutsche Bank AG

Bank of America Merrill Lynch

UBS

Barclays

Nomura

Rankings shown are as of the current quarter-end in each calendar year.https://www.thomsonone.com

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Financials 6,000.0

3/15/2012

Bank of America Merrill Lynch / Citi / Goldman Sachs / JP Morgan / UBS

Goldman Sachs / Morgan Stanley / Credit Suisse / Citi / JP Morgan

Morgan Stanley / Barclays / Citi / Credit Suisse3/27/2012 Dollar General Corp

Capital One Financial Corp Follow-On

AIG

Citi / Goldman Sachs / KKR / JP Morgan / Barclays

New York

DG New York

Citi / Crecdit Suisse / Morgan StanleyAGNC

New YorkFinancials

Nasdaq

Follow-On1,300.9

3/7/2012 American Capital Agency Corp Real Estate 2,088.3 Follow-On

Retail

3/8/2012 AIG Follow-On

Top Ten US Equity & Equity-Related New Issues (US$m)

1,674.4

Nasdaq

Citi

Goldman Sachs

NLSN

New York

New York

1,262.5 COF

New York

3/6/2012 Priceline.com Inc High Technology 995.0 Convertible PCLN

Real Estate 1,130.4 Follow-On VTR1,107.5 Follow-On HCN

Jan 1 - Mar 30 2012

Jan 1 - Mar 30 2012US Equity & Equity-Related Industry Composition for Top Bookrunners


US Equity Capital Markets

Real Estate2/21/2012 Health Care REIT Inc

Real Estate

High Technology

Ventas Inc

3/20/2012 Nielsen Holdings NV

1/3/2012

3/8/2012 Simon Property Grp Inc

Issuer IndustryIssue Date

CIE2/23/2012 Energy and PowerCobalt Intl Energy Inc

Issuer

Follow-On

Primary Exchange

New York Bank of America Merrill Lynch / Deutsche Bank / JP Morgan / UBS / Wells Fargo

JP Morgan / Bank of America Merrill Lynch / Goldman Sachs / Citi / Deutsche Bank / Morgan Stanley

1,043.6 Follow-On

SPGFollow-On

JP Morgan / Morgan Stanley / Citi / Credit Suisse / Deutsche Bank / Goldman Sachs / Wells Fargo

1,251.8 New York

ManagersTickerProceeds Issue Type

90%

100%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Citi Morgan Stanley JP Morgan Bank of America MerrillLynch

Credit Suisse Goldman Sachs & Co Barclays Deutsche Bank AG UBS Wells Fargo & Co

%T

otalProceeds

Telecommunications Consumer Staples Retail Real Estate Media and Entertainment Materials Industrials High Technology Healthcare Government and Agencies Financials Energy and Power Consumer Products and Services

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Documents

1Q12 Thomson Reuters Equity Capital Markets Review