Canadian equity offerings surge in first quarter on energy deals

April 2, 2015 11:00 AM

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TORONTO, April 2 (Reuters) - Royal Bank of Canada topped Canadian equity issuances in the first quarter, lifted by a surge in financings for energy companies looking to beef up their balance sheets in the face of sluggish oil prices, Thomson Reuters figures showed on Thursday.

Bank of Nova Scotia and Deutsche Bank came in second and third, respectively, while BMO Capital Markets and CIBC World Markets rounded out the top five, according to the data.

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