BDO, subsidiaries rack up wins at The Asset Triple A Country Awards

MANILA, Philippines — BDO Unibank Inc. won as the country’s Best Domestic Bank anew in The Asset Triple A Country Awards 2018, marking the eighth time the bank received such recognition and its sixth straight win since first earning the prestigious award in 2013.

BDO won the award due to its strong financial performance; contribution to the domestic markets; capital raising; advisory; transaction banking performance; and environment social and governance (ESG) initiatives; among others.

In addition to the Best Domestic Bank award, BDO, together with subsidiary BDO Private Bank, were recognized for their participation in the P73.5 billion syndicated loan that Bloomberry Resorts & Hotels Inc. secured to refinance its obligations and fund investments. This transaction is one of the largest corporate syndications ever arranged in the Philippine debt market.

Apart from the bank, its investment banking arm, BDO Capital & Investment Corp., also won multiple awards signifying its continued leadership in debt and equity transactions and financial advisory deals. Among its major awards were Best Domestic Corporate and Institutional Adviser, Best Equity Adviser and Best Loan Adviser.

BDO Capital was also cited for its role in various transactions including the $690 million acquisition of the Clark Global City Corp. by Udenna Corp. (Best Acquisition Financing-mandated lead arranger, bookrunner, and issue manager), the P73.5 billion syndicated loan of Bloomberry Resorts & Hotels Inc. (Best Syndicated Loan–lead arranger and sole bookrunner) and Ayala Land Inc.’s P10 billion retail bonds (Most innovative deal–lead underwriter and bookrunner).

Prior to its win at the Triple A Country Awards, BDO was given the Platinum Award at The Asset Corporate Awards 2018, which recognizes companies who champion ESG industry best practices.