14TH DEAL & SOLUTION AWARDS

(Wednesday, 9 December 2020): A record number of submissions were received from across the region this year. Although the average number of key deals submitted per bank was marginally lower than usual, more banks participated in this 14th Annual Awards, dedicated purely to Southeast Asia, than ever before.

Using a fair, robust and informative methodology and after adding a number of additional criteria to existing awards to tighten its eligibility among local banks in Southeast Asia, we hereby announce the outcome of our:

  • 14th Annual Alpha Southeast Asia Best Deal & Solution Awards 2020
  • Inaugural ESG Green Finance Awards
  • Transactional Banking Awards

In light of the ongoing lingering effects of Covid-19, most hotel venues are unable to host regional events. We have therefore prepared 3 options to ensure the secure delivery of the awards plaques, along with the unlimited licensing use of the awards logo ©, company name © and awards category © .

The full rationale will be published online (for subscribers only) and within the December/January 2021 issue (out by Mid-January 2021).

CONVENTIONAL BONDS

BEST DEAL OF THE YEAR

Temasek Holdings’s US$2.75 billion Multi-Tranche 10Y, 30.5Y & 50Y Bonds

Joint Dealers: Barclays Bank PLC, Citigroup Global Markets, DBS Bank, HSBC & Morgan Stanley Asia


BEST LOCAL CURRENCY BOND DEAL OF THE YEAR, THAILAND & BEST BOND DEAL FOR RETAIL INVESTORS IN SOUTHEAST ASIA

Charoen Pokphand Foods PCL’s THB25 billion Unsubordinated and Unsecured Debt

Joint Lead Arrangers: For Public Offering Tranches: Kasikornbank, Krung Thai Bank, Siam Commercial Bank & CIMB Thai Bank;

Joint Lead Arrangers: For Private Placement Tranches: Kasikornbank, Krung Thai Bank, Siam Commercial Bank & Government Savings Bank


BEST LOCAL CURRENCY ISLAMIC AND CONVENTIONAL FINANCE DEAL OF THE YEAR

PT Perusahaan Listrik Negara (Persero)’s Shelf Bond III Phase VI IDR4.8 trillion & Sukuk Ijarah III phase VI IDR115 billion

Joint Lead Underwriters: BRI Danareksa Sekuritas, BCA Sekuritas, BNI Sekuritas, Indo Premier Sekuritas, Mandiri Sekuritas, Maybank Kim Eng Sekuritas & Trimegah Sekuritas Indonesia


BEST SUBORDINATED PERPETUAL BOND & MOST INNOVATIVE DEAL OF THE YEAR

Ascendas REIT’s SGD300 million Subordinated Green Perpetual Bond

Sole Lead Manager, Bookrunner and Green Finance Adviser: OCBC Bank


BEST USD SUBORDINATED PERPETUAL BOND DEAL OF THE YEAR

San Miguel Corporation’s US$500 million Senior Perpetual Capital Securities

Joint Syndicate Managers: Merrill Lynch (Singapore), Standard Chartered Bank & DBS Bank


BEST LOCAL CURRENCY BOND DEAL OF THE YEAR, PHILIPPINES

SM Investments Corporation’s  PHP10 billion Fixed Rate Bonds

Joint Issue Managers: BDO Capital & Investment Corp & China Bank Capital Corp

Joint Lead Underwriters & Joint Bookrunners: First Metro Investment Corp, BDO Capital & Investment Corp, BPI Capital Corp, China Bank Capital Corp & SB Capital Investment Corp


BEST LOCAL CURRENCY BOND DEAL OF THE YEAR, VIETNAM

Nova Land’s VND7,000 billion (US$301 million) Non-Convertible, Secured Bond

Sole Advisor & Issuance Agent: VPS Securities


BEST FOREIGN CURRENCY BOND DEAL OF THE YEAR

Petronas Capital Limited‘s US$6 billion Global MTN

Joint Global Coordinators: BofA Securities & Citigroup

Joint Lead Managers & Bookrunners: BofA Securities, Citigroup, HSBC, Maybank & MUFG


BEST SOVEREIGN BOND DEAL OF THE YEAR

Republic of the Philippines’ PHP516.34 billion 5-Year Retail Treasury Bonds (Tranche 24)

Issue Managers: China Bank Capital Corporation, SB Capital Investment Corp, BDO Capital & Investment Corp, BPI Capital Corp, Development Bank of the Philippines, First Metro Investment Corp, PNB Capital Investment and Corp, RCBC Capital Corp & Union Bank of the Philippines;

Lead Issue Manager: Landbank of the Philippines & Development Bank of the Philippines

Selling Agents: Asia United Bank, ANZ Banking Group, BDO Unibank, BDO Capital & Investment Corp, BDO Private Bank Inc., Bank of Commerce, BPI Capital Corporation, China Banking Corp, Citibank N.A., CTBC Bank Philippines Corp, Development Bank of the Philippines, East West Banking Corp, First Metro Investment Corp, ING Bank, Maybank Philippines Inc., Land Bank of the Philippines, Metropolitan Bank & Trust, Philippine Bank of Communications, Philippine National Bank, Rizal Commercial Banking Corp, Robinsons Bank Corp, Security Bank Corp, Standard Chartered Bank, HSBC & Union Bank of the Philippines


BEST BLOCKCHAIN BASED CORPORATE BOND

Toyota Leasing Thailand’s THB500 million Guaranteed Bond

Sole Lead Arranger: Bangkok Bank


BEST SYNDICATED LOAN DEAL OF THE YEAR

Lendlease REIT’s SGD99.3 million & EUR285 million Syndicated Term Loan Facilities

Mandated Lead Arrangers and Bookrunners: DBS Bank, Commonwealth Bank of Australia (Singapore)

Facility Agent: DBS Bank


ISLAMIC FINANCE

BEST SRI SUKUK & BEST ISLAMIC & CONVENTIONAL FINANCE DEAL OF THE YEAR

Axiata Group Berhad’s US$500 million Sukuk Wakala & US$1 billion Dual-tranche Offering

Arrangers & Dealers: CIMB Investment Bank, Citigroup, Standard Chartered & UBS


BEST ISLAMIC SUBORDINATED PERPETUAL BOND & MOST INNOVATIVE ISLAMIC FINANCE DEAL OF THE YEAR

TG Excellence Berhad’s RM1.3 billion (US$310 million) Perpetual Sukuk Wakalah

Joint Lead Managers: CIMB Investment Bank, Hong Leong Investment Bank & OCBC Al-Amin


BEST CORPORATE SUKUK

Tenaga Nasional Berhad’s RM3 billion (US$707 million) Sukuk Wakalah

Joint Principal Advisers, Joint Lead Arrangers and Joint Lead Managers for the First Issuance: CIMB Investment Bank & Maybank Investment Bank


BEST DIGITAL SUKUK

Government of Malaysia’s MY666 million Sukuk Prihatin

Primary Distribution Bank and Distribution Bank: Maybank Investment Bank


BEST LOCAL CURRENCY SUKUK

Dialog Group Berhad’s RM500 million Perpetual Sukuk Wakalah

Joint Lead Arranger & Joint Lead Managers: CIMB Investment Bank & AmInvestment Bank


BEST LOCAL CURRENCY INFRASTUCTURE SUKUK

Pelabuhan Tanjung Pelepas Berhad’s RM1.895 billion Sukuk Murahabah (Tranche 1 & 2) Islamic MTN 

Sole Principal Adviser, Sole Lead Arranger, Lead Manager & Bookrunner: RHB Investment Bank


BEST DUAL-STRUCTURE ISLAMIC FINANCE DEAL OF THE YEAR

Exsim Ventures Berhad’s RM2 billion Islamic MTN (Sukuk Musharakah) + Up to RM1 billion Islamic CP (Sukuk Murabahah)

Financial Adviser & Structurer: NewParadigm Capital Markets;

Lead Arranger: United Overseas Bank (Malaysia)


BEST ISLAMIC FINANCE PROJECT FINANCE DEAL OF THE YEAR

Pengerang LNG (Two) Berhad’s RM1.7 billion (US$410.5 million) Project Financing Sukuk Murabahah

Lead Arranger: CIMB Investment Bank

Lead Managers: AmInvestment Bank, CIMB Investment Bank, Maybank Investment Bank & RHB Investment Bank


BEST ISLAMIC SYNDICATED LOAN DEAL OF THE YEAR

Serba Dinamik Holdings Berhad’s MYR1.2 Billion Syndicated Term Financing-i

Mandated Lead Arrangers and Bookrunners: HSBC Amanah, AmInvestment Bank & Bank Islam

Lead Arrangers: MIDF Amanah Investment Bank, Standard Chartered Saadiq & UOB Bank

Facility Agent: HSBC

Investment Agent: HSBC Amanah


BEST FIG ISLAMIC FINANCE DEAL OF THE YEAR

MBSB Bank Berhad’s MYR1.3 Billion Sukuk Wakalah Issuance

Joint Principal Advisers, Joint Lead Arrangers, Joint Lead Managers: AmInvestment Bank & RHB Investment Bank

Joint Shariah Advisers: AmBank Islamic & RHB Islamic Bank


BEST CORPORATE RESTRUCTURING AND DOMESTIC M&A DEAL OF THE YEAR, SINGAPORE

S$2.1 Billion Recapitalisation & Demerger of Sembcorp Marine from Sembcorp Industries

Sole Financial Adviser, Lead Manager and Underwriter: DBS  Bank


BEST DOMESTIC M&A DEAL OF THE YEAR, VIETNAM

Masan Group’s US$24 million M&A of NET Detergent JSC

Exclusive Advisor: Viet Capital Securities


EQUITY

BEST EQUITY DEAL OF THE YEAR, THAILAND

Central Retail Corp PCL’s THB78,124 million (US$2.48 billion) IPO (with concurrent delisting tender offer of Robinson PCL in exchange for CRC shares)

Joint Global Coordinators and Joint Bookrunners: Bualuang Securities, Morgan Stanley, Kiatnakin Phatra Securities (KKPS) Credit Suisse & UBS

Joint Bookrunners: Kasikorn Securities, Credit Suisse & UBS


BEST EQUITY DEAL OF THE YEAR, MALAYSIA

Mr D.I.Y Group Berhad’s IPO RM1.5 billion (US$362 million)

Joint Principal Advisors: Maybank Investment Bank & CIMB Investment Bank

Joint Global Coordinators: Maybank Investment Bank, CIMB Investment Bank, Credit Suisse, JP Morgan Investment Bank & RHB Investment Bank

Joint Bookrunners: Maybank Investment Bank, CIMB Investment Bank, Credit Suisse, JP Morgan Investment Bank, RHB Investment Bank & UBS

Joint Managing Underwriters: Maybank Investment Bank, CIMB Investment Bank & RHB Investment Bank

Joint Underwriters: Maybank Investment Bank, CIMB Investment Bank, RHB Investment Bank, AmInvestment Bank, Hong Leong Investment Bank & Kenanga Investment Bank


BEST EQUITY DEAL OF THE YEAR, PHILIPPINES

Converge’s PHP29.1 billion IPO

Sole Local Coordinator: BPI Capital Corp

Joint Local Underwriters: BDO Capital & Invest Corp & BPI Capital Corp

Joint Global Coordinators: Morgan Stanley & UBS

Joint Bookrunners: BDO Capital & Investment Corp, BPI Capital Corp, Morgan Stanley, UBS, Credit Suisse & Merrill Lynch


BEST IPO DEAL OF THE YEAR, THAILAND

Bangkok Commercial Asset Management PLC’s THB30,888 million (US$1 billion IPO)

Joint Financial Advisors: Kasikorn Securities & Trinity;

Joint Global Coordinators, Bookrunners and Lead Managers: Kasikorn Securities, Trinity Securities & UBS


BEST IPO FOR RETAIL INVESTORS, THAILAND

SCG Packaging PCL’s THB45,384 million (US$1.44 billion) IPO

Sole Financial Adviser: Siam Commercial Bank

Domestic Advisor: Siam Commercial Bank

International Advisor: UBS

Joint Global Coordinators, Bookrunners and Lead Managers: Bualuang Securities, Morgan Stanley, Siam Commercial Bank & UBS


BEST SMALL-CAP EQUITY DEAL OF THE YEAR

Optimax Holdings Berhad’s RM21 million (US$5.1 million) ACE Market IPO

Principal Adviser, Sole Placement Agent, Sole Underwriter, Sponsor: Affin Hwang Investment Bank


BEST SMALL-CAP EQUITY DEAL OF THE YEAR, PHILIPPINES

Megawide Construction Corp’s PHP4.3 billion (US$89.4 million) Series 2A & Series 2B Preferred Shares Offering

Sole Issue Manager: RCBC Capital Corp

Joint Lead Underwriters and Bookrunners: RCBC Capital Corp & PNB Capital


BEST REIT DEAL OF THE YEAR; & BEST EQUITY DEAL OF THE YEAR, SINGAPORE

Frasers Centrepoint Trust’s SGD1.33 billion Equity Fund Raising

Underwriters: DBS Bank, Citigroup & OCBC Bank


BEST REIT DEAL OF THE YEAR, MALAYSIA

Sunway REIT’s RM710 million (US$170.7 million) Equity Private Placement

Principal Advisors: RHB Investment Bank 

Joint Placement Agents & Joint Bookrunners: Maybank Investment Bank, Credit Suisse & RHB Investment Bank


BEST ACE MARKET IPO DEAL OF THE YEAR, MALAYSIA

Southern Cable Group Berhad’s MYR71.2 million (US$17.1 million) ACE Market IPO

Principal Adviser, Sponsor, Sole Underwriter and Placement Agent: MIDF Amanah Investment Bank


BEST SECONDARY DEAL & BEST DEAL FOR MINORITY SHAREHOLDERS IN SOUTHEAST ASIA

Singapore Airlines Limited’s SGD8.8 billion Rights Issue

Sole Financial Adviser: DBS Bank

Joint Lead Managers: DBS Bank & Morgan Stanley Asia (Singapore)


BEST ACQUISITION FINANCE & BEST SECONDARY DEAL OF THE YEAR, PHILIPPINES

PHP22.8 Billion (US$450 Million) to support the acquisition of Metro Pacific Hospital Holdings, Inc. by KKR and GIC

Mandated Lead Arranger and Bookrunner: BDO Capital & Investment Corporation

Sole Lender: BDO Unibank


BEST SECONDARY DEAL OF THE YEAR, THAILAND

TMB Bank PCL’s THB92,961 million Equity Offering via PPO (THB 54,246 mm) and TSR (THB 38,715 mm) for Thanachart Bank M&A

Sole Financial Advisor and Transferable Subscription Rights Agent for the Equity Offering: Kiatnakin Phatra Securities (KKPS)


MARQUEE AWARDS 2020

BEST BOND HOUSE IN SOUTHEAST ASIA 2020

CIMB Investment Bank


BEST EQUITY HOUSE IN SOUTHEAST ASIA 2020

Kiatnakin Phatra Securities (KKPS)


BEST M&A HOUSE IN SOUTHEAST ASIA 2020

DBS Bank


MOST IMPROVED M&A HOUSE IN VIETNAM 2020

Viet Capital Securities


MOST IMPROVED BOND HOUSE IN SOUTHEAST ASIA 2020

AmInvestment Bank


BEST RINGGIT SUKUK HOUSE OF THE YEAR 2020

CIMB Investment Bank


BEST SUSTAINABLE FINANCE HOUSE IN ASIA 2020

DBS Bank


BEST SOCIAL IMPACT ISLAMIC FINANCE HOUSE IN ASIA 2020

CIMB Islamic


BEST SUSTAINABLE TRADE FINANCE SOLUTION IN MALAYSIA 2020

MYR111 million (Approx. US$27 million) in Structured Trade Financing Solution for a Solar Energy Business

OCBC Bank (Malaysia)


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: INDONESIA

Star Energy’s US$1.11 billion Dual-Tranche Senior Secured Green Notes

Joint Global Coordinators and Joint Bookrunners: Credit Suisse, DBS Bank & Deutsche Bank

Joint Bookrunners: Barclays

Co-Manager: BPI Capital Corporation


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: MALAYSIA

Axiata Group Berhad’s US$600 million & MYR867 million facilities Syndicated Islamic Multi-Currency Sustainability-Linked Financing Facilities.

Lead Coordinating Mandated Lead Arranger: OCBC Bank

Shariah and Sustainability Structuring Adviser: OCBC Al-Amin

Mandated Lead Arrangers: Maybank Islamic & MUFG


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: PHILIPPINES

Manila Water Company’s US$500 million Sustainability Notes

Joint Lead Managers and Joint Bookrunners: BPI Capital Corp, Citigroup Global Markets Singapore, Credit Suisse (Singapore), HSBC Singapore, Mizuho Securities (Singapore) & UBS AG, Singapore


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: SINGAPORE

National University of Singapore’s SGD300 million Green Bond

Sole Lead Manager and Bookrunner: DBS Bank


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: THAILAND

PTT PCL’s THB2 billion Unsubordinated and Unsecured Green Debt

Joint Lead Arrangers: Kasikornbank, Krung Thai Bank, Bank of Ayudhya & Siam Commercial Bank


BEST ESG GREEN FINANCING IN SOUTHEAST ASIA: VIETNAM

Gulf GTN02’s US$37.8 million Solar Power Project Financing in Vietnam

Lenders: Siam Commercial Bank, Bangkok Bank & Standard Chartered


BEST CASH MANAGEMENT SOLUTION IN THAILAND 2020

QR-on-Delivery (Payment option using a QR Code that is open to any banking App in Thailand)

Bangkok Bank


BEST CASH MANAGEMENT SOLUTION IN INDONESIA 2020

Cash Management solution for Bukalapak (Host-to-Host API Payment Service)

Bank Mandiri


BEST CASH MANAGEMENT SOLUTION IN MALAYSIA 2020

Reconciliation solution proposed to one of Malaysia’s largest food delivery brands

CIMB Bank


BEST CASH MANAGEMENT SOLUTION IN THE PHILIPPINES 2020

Corporate Cash Deposit Machine (CCDM) across the country

BDO Unibank


BEST TRADE FINANCE SOLUTION IN MALAYSIA 2020

Liquidity solution to a major Automotive Manufacturer

CIMB Bank


BEST TRADE FINANCE SOLUTION IN THAILAND 2020

Digitization of L/C on Corda between Thailand and Indonesia – a first for both these countries

Bangkok Bank


BORROWER & ISSUER  PLAQUES

The following companies (borrowers/issuers) will also receive a separate plaque for their respective deal. The plaque will contain the following information, along with the award category as well as list of banks involved. To order a commemorative plaque on behalf of your client, please email awards@whatinvestorswant.com

Please note that all issuer plaques are on a first-come-basis, and only 1 will be  issued per deal.

INDONESIA

  1. PT Perusahaan Listrik Negara (Persero) for its Shelf Bond III Phase VI IDR4.8 trillion & Sukuk Ijarah III phase VI IDR115 billion
  2. Star Energy for its US$1.11 billion Dual-Tranche Senior Secured Green Notes

MALAYSIA

  1. Petronas Capital Limited for its US$6 billion Global MTN
  2. Axiata Group Berhad for its US$500 million Sukuk Wakala & US$1 billion Dual-tranche Offering
  3. Dialog Group Berhad for its RM500 million Perpetual Sukuk Wakala
  4. Pengerang LNG (Two) Berhad for its RM1.7 billion (US$410.5 million) Project Financing Sukuk Murabahah
  5. MBSB Bank Berhad for its MYR1.3 Billion Sukuk Wakalah Issuance
  6. TG Excellence Berhad for its RM1.3 billion (US$310 million) Perpetual Sukuk Wakalah
  7. Axiata Group Berhad for its US$600 million & MYR867 million facilities Syndicated Islamic Multi-Currency Sustainability-Linked Financing Facilities.
  8. Tenaga Nasional Berhad for its RM3 billion (US$707 million) Sukuk Wakalah
  9. Government of Malaysia for its MY666 million Sukuk Prihatin
  10. Pelabuhan Tanjung Pelepas Berhad for its RM1.895 billion Sukuk Murahabah (Tranche 1 & 2) Islamic MTN 
  11. Sunway REIT for its RM710 million (US$170.7 million) Equity Private Placement
  12. Optimax Holdings Berhad for its RM21 million (US$5.1 million) ACE Market IPO
  13. Exsim Ventures Berhad for its RM2 billion Islamic MTN (Sukuk Musharakah) + Up to RM1 billion Islamic CP (Sukuk Murabahah)
  14. Serba Dinamik Holdings Berhad for its MYR1.2 Billion Syndicated Term Financing-i
  15. Southern Cable Group Berhad for its MYR71.2 million (US$17.1 million) ACE Market IPO
  16. Mr D.I.Y Group Berhad for its IPO RM1.5 billion (US$362 million)

PHILIPPINES

  1. Megawide Construction Corp for its PHP4.3 billion (US$89.4 million) Series 2A & Series 2B Preferred Shares Offering
  2. Manila Water Company for its US$500 million Sustainability Notes
  3. PHP22.8 Billion (US$450 Million) to support the acquisition of Metro Pacific Hospital Holdings, Inc. by KKR and GIC
  4. Converge for its PHP29.1 billion IPO
  5. Republic of the Philippines for its PHP516.34 billion 5-Year Retail Treasury Bonds (Tranche 24)
  6. SM Investments Corporation for its  PHP10 billion Fixed Rate Bonds

SINGAPORE

  1. Temasek Holdings for its US$2.75 billion Multi-Tranche 10Y, 30.5Y & 50Y Bonds
  2. San Miguel Corporation for its US$500 million Senior Perpetual Capital Securities
  3. Lendlease REIT for its SGD99.3 million & EUR285 million Syndicated Term Loan Facilities
  4. Singapore Airlines Limited for its SGD8.8 billion Rights Issue
  5. National University of Singapore for its SGD300 million Green Bond
  6. S$2.1 Billion Recapitalisation & Demerger of Sembcorp Marine from Sembcorp Industries
  7. Frasers Centrepoint Trust for its SGD1.33 billion Equity Fund Raising
  8. Ascendas REIT  for its SGD300 million Subordinated Green Perpetual Bond

THAILAND

  1. Toyota Leasing Thailand for its THB500 million Guaranteed Bond
  2. TMB Bank PCL for its THB92,961 million Equity Offering via PPO (THB 54,246 mm) and TSR (THB 38,715 mm) for Thanachart Bank M&A
  3. Central Retail Corp PCL for its THB78,124 million (US$2.48 billion) IPO (with concurrent delisting tender offer of Robinson PCL in exchange for CRC shares)
  4. Bangkok Commercial Asset Management PLC for its THB30,888 million (US$1 billion IPO)
  5. Gulf GTN02 for its US$37.8 million Solar Power Project Financing in Vietnam
  6. SCG Packaging PCL for its THB45,384 million (US$1.44 billion) IPO
  7. PTT PCL for its THB2 billion Unsubordinated and Unsecured Green Debt
  8. Charoen Pokphand Foods PCL for its THB25 billion Unsubordinated and Unsecured Debt

VIETNAM

  1. Nova Land for its VND7,000 billion (US$301 million) Non-Convertible, Secured Bond

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