(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
- PT Perusahaan Listrik Negara (Persero) for its Shelf Bond III Phase VI IDR4.8 trillion & Sukuk Ijarah III phase VI IDR115 billion
- Star Energy for its US$1.11 billion Dual-Tranche Senior Secured Green Notes
MALAYSIA
- Petronas Capital Limited for its US$6 billion Global MTN
- Axiata Group Berhad for its US$500 million Sukuk Wakala & US$1 billion Dual-tranche Offering
- Dialog Group Berhad for its RM500 million Perpetual Sukuk Wakala
- Pengerang LNG (Two) Berhad for its RM1.7 billion (US$410.5 million) Project Financing Sukuk Murabahah
- MBSB Bank Berhad for its MYR1.3 Billion Sukuk Wakalah Issuance
- TG Excellence Berhad for its RM1.3 billion (US$310 million) Perpetual Sukuk Wakalah
- Axiata Group Berhad for its US$600 million & MYR867 million facilities Syndicated Islamic Multi-Currency Sustainability-Linked Financing Facilities.
- Tenaga Nasional Berhad for its RM3 billion (US$707 million) Sukuk Wakalah
- Government of Malaysia for its MY666 million Sukuk Prihatin
- Pelabuhan Tanjung Pelepas Berhad for its RM1.895 billion Sukuk Murahabah (Tranche 1 & 2) Islamic MTN
- Sunway REIT for its RM710 million (US$170.7 million) Equity Private Placement
- Optimax Holdings Berhad for its RM21 million (US$5.1 million) ACE Market IPO
- Exsim Ventures Berhad for its RM2 billion Islamic MTN (Sukuk Musharakah) + Up to RM1 billion Islamic CP (Sukuk Murabahah)
- Serba Dinamik Holdings Berhad for its MYR1.2 Billion Syndicated Term Financing-i
- Southern Cable Group Berhad for its MYR71.2 million (US$17.1 million) ACE Market IPO
- Mr D.I.Y Group Berhad for its IPO RM1.5 billion (US$362 million)
PHILIPPINES
- Megawide Construction Corp for its PHP4.3 billion (US$89.4 million) Series 2A & Series 2B Preferred Shares Offering
- Manila Water Company for its US$500 million Sustainability Notes
- PHP22.8 Billion (US$450 Million) to support the acquisition of Metro Pacific Hospital Holdings, Inc. by KKR and GIC
- Converge for its PHP29.1 billion IPO
- Republic of the Philippines for its PHP516.34 billion 5-Year Retail Treasury Bonds (Tranche 24)
- SM Investments Corporation for its PHP10 billion Fixed Rate Bonds
SINGAPORE
- Temasek Holdings for its US$2.75 billion Multi-Tranche 10Y, 30.5Y & 50Y Bonds
- San Miguel Corporation for its US$500 million Senior Perpetual Capital Securities
- Lendlease REIT for its SGD99.3 million & EUR285 million Syndicated Term Loan Facilities
- Singapore Airlines Limited for its SGD8.8 billion Rights Issue
- National University of Singapore for its SGD300 million Green Bond
- S$2.1 Billion Recapitalisation & Demerger of Sembcorp Marine from Sembcorp Industries
- Frasers Centrepoint Trust for its SGD1.33 billion Equity Fund Raising
- Ascendas REIT for its SGD300 million Subordinated Green Perpetual Bond
THAILAND
- Toyota Leasing Thailand for its THB500 million Guaranteed Bond
- 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
- 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)
- Bangkok Commercial Asset Management PLC for its THB30,888 million (US$1 billion IPO)
- Gulf GTN02 for its US$37.8 million Solar Power Project Financing in Vietnam
- SCG Packaging PCL for its THB45,384 million (US$1.44 billion) IPO
- PTT PCL for its THB2 billion Unsubordinated and Unsecured Green Debt
- Charoen Pokphand Foods PCL for its THB25 billion Unsubordinated and Unsecured Debt
VIETNAM
- Nova Land for its VND7,000 billion (US$301 million) Non-Convertible, Secured Bond