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Banking

FMIC-backed Monde Nissin deals get citations

The Philippine Star

MANILA, Philippines - Monde Nissin Corp.’s acquisition of Quorn Foods Inc. has been recognized by The Banker as the Deal of the Year in the loans category for Asia Pacific. Monde Nissin, one of the Philippines’ leading consumer goods company and with expanded operations through wholly owned subsidiaries in Thailand and Australia, has been very active in the expansion of its business through acquisitions of foreign-based companies. Metropolitan Bank and Trust Co. provided funding support for the transaction. Metrobank’s investment banking arm, First Metro Investment Corp., served as the arranger for the partial debt financing facility. Monde Nissin also acquired Black Swan, Nudie and Menora Foods, the leading healthy food brands in Australia. FMIC was also involved in Monde Nissin’s acquisition of Menora Foods as advisor.

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