The $8 billion initial public offering by the Brazilian unit of Spanish bank Banco Santander on Tuesday was the latest multibillion-dollar deal as the global market for IPOs continues to recover.

The IPO by Banco Santander (Brasil) SA was the largest worldwide this year, surpassing a $7.3 billion IPO by China State Construction Engineering in July. But Chinese companies make up half of the Top 10 IPOs.

Following is a list of the 10 largest IPOs globally in 2009.
Date   Issuer                                     Nation   Proceeds ($mil)
10/06  Banco Santander Brasil Brazil    $8,067.6
07/24  China State Constr. Engineering601688.SS China     $7,342.7
06/25  Visanet                     Brazil    $4,330.7
09/17  China Metallurgical Constr.    China     $2,779.0
10/06  Verisk Analytics Inc             U.S.      $1,875.5
08/05  Everbright Securities Co 607788.SS       China     $1,604.8
09/16  SINOPHARM                     China     $1,295.6
09/24  Glorious Property Holdings Ltd    Hong Kong $1,277.4
04/30  China Zhongwang Holdings Ltd   China     $1,270.4
08/20  National Hydro Electric Power    India     $1,247.1

 (Reporting by Phil Wahba)