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| The Asset names BDO 2020’s Best Bank in the Philippines |
In the Best Advisor division, subsidiary BDO Capital & Investment Company (BDO Capital) took home awards for the Best Corporate and Institutional Adviser-Domestic for the 6th time, the Best Equity Adviser for the 4th time, and the Best Loan Adviser for the 4th time as well.
In the Best Deal group, BDO and BDO Capital were individually awarded with Best Merger & Acquisition (M&A) Deal awards for their positions as sole lender and mandated lead arranger & bookrunner (acquisition financing), respectively, in the KKR-led consortium’s US$1.3 billion acquisition of a majority stake in Metro Pacific Hospital Holdings—the largest healthcare M&A in the world.
Related: BDO Foundation Rehabilitated Six Rural Health Centers
BDO was also awarded the Best Retail Bond in the same category for its P36 billion Fixed-rate Peso bond issuance, which was seven times more than the initial P5.0 billion bid due to strong demand from individual and institutional investors.
Beyond the nation awards, BDO Capital was bestowed with the Best Local Currency Green Bond Award under the Deal of the Year - Real Estate category in The Asset Triple A Regional Awards 2020.
The bank’s investment house was hailed for being the joint lead underwriter and joint bookrunner of the P3-billion Fixed-rate ASEAN Green Bonds of Arthaland Corporation. In line with the bank’s sustainability mission, the green bonds conform to the ASEAN Green Bonds Guidelines, which mandate proceeds to be used solely for environment-friendly projects.
The Asset Triple A Country and Regional Awards have been organized by the Hong Kong-based financial publication for over 20 years. The Asset delivers “authoritative, unbiased, and independent” coverage on Asia’s financial market for business leaders and financial decision-makers.