Standard Chartered Bank (SCB) won 61awards at The Asset Triple A Sustainable Capital Markets Awards 2020 including 6 country awards received by its Philippines franchise for Best Sustainability Bond – Financial Institution, Best Sovereign Bond, Best Local Currency Bond, Best Retail Bond, Best Liability Management and Best Syndicated Loan.
This recognition affirms the bank’s leading role in providing strategic and robust advisory services to both government and corporates on debt raising and financing structures.
“We are honoured to receive these awards from The Asset as they demonstrate our strong commitment and deep expertise to deliver the best outcomes for our clients amidst changing markets. We thank our clients for the trust and confidence, our teams for the dedication and support and the market for the appreciation of SCB’s capital markets’ franchise,” said SCB PH CEO Lynette Ortiz.
SCB PH won the Best Sustainability Bond – Financial Institution award for the Development Bank of the Philippines P18.125 billion Asean sustainability bond where it acted as issue manager and lead arranger.
The Best Sovereign Bond award is for the Republic of the Philippines (ROP) euro 1.2 billion dual-tranche bond where SCB acted as bookrunner and lead manager.
SCB also won the award for Best Local Currency Bond for UnionBank of the Philippines P6.8 billion tier 2 capital securities.
The award for Best Retail Bond is for BDO Unibank P36 billion 1.75-year Fixed Rate Bonds where SCB acted as sole arranger and bookrunner.
SCB PH also received the award for Best Liability Management for the $300 million senior perpetual securities and tender offer of International Container Terminal Services Inc. (ICTSI) where the bank acted as bookrunner, lead manager and dealer-manager.