Standard Chartered Bank, the oldest international bank in the country, remains to be the top bookrunner for peso-denominated bonds in the league table published by Bloomberg in December 2019.
The bank has lead arranged a record total of P102.4 billion or $2.0 billion worth of peso bonds for a 30 percent market share which secures their leading position in the local debt capital markets.
This is considered a historical record in terms of volume any bookrunner has arranged in the domestic bond market in one year.
The bank’s strong and highly-awarded capital markets franchise both in the domestic and international markets has enabled them to become the partner of choice for issuers in the country, including the Republic of the Philippines.
Chief Executive Officer Lynette V. Ortiz highlights the bank’s dedication to deliver noteworthy transactions for its clients.
“We will continue to leverage on our deep local expertise, capabilities and relationships, bringing the extensive network of SCB to ensure the best outcome for our clients.”
Standard Chartered Bank is the Sole Arranger of the P35 billion 1.5Y Fixed Rate Bond Issue of BDO Unibank, Inc., the largest ever peso single tranche bond issuance.
They also arranged the establishment of bond programs for Metropolitan Bank and Trust Company, Philippine Savings Bank and Development Bank of the Philippines and arranged a total issuance volume of P142 billion for Philippine banks establishing its leadership position in debt placements for financial institutions.
Standard Chartered Bank also acted as the Structuring Advisor and Joint Lead Arranger for the establishment of the P50 Billion Asean Sustainability Bond Program of state-owned Development Bank of the Philippines and acted as Issue Manager and Joint Bookrunner for the initial tranche of P18.125 billion for a tenor of 10 years.
Standard Chartered Bank is a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombayand National Stock Exchanges in India.