BPI Capital Corporation, the investment banking arm of Bank of the Philippine Islands (BPI), recently clinched multiple awards from FinanceAsia, The Asset and Asian Banking and Finance.
The company was recently recognized during the FinanceAsia’s Country Awards as “Best Investment Bank” and “Best ECM House” in the Philippines.
BPI Capital’s notable role as Mandated Lead Arranger, Bookrunner and Issue Coordinator for Apo Agua Infrastructura’s P10-billion first large-scale bulk water supply project in Mindanao, as well as Joint Mandated Lead Arranger for MPCALA Holdings’ Cavite Laguna Expressway (CALAEX) secured its standing as FinanceAsia’s “Best Investment Bank in the Philippines”.
It also bagged the Best ECM House Award in the Philippines for raising over P100-billion for its clients in the equity capital markets since April 2018, including San Miguel Food and Beverage, Inc. and Double Dragon Properties Corp.’s follow on offer, as well as D.M. Wenceslao and Associates, Inc.’s initial public offer and BPI’s stock rights offer.
BPI Capital also won awards from The Asset Triple A Asia Infrastructure Awards, which include: “Utility Project of the Year, Philippines” for its project with Apo Agua Infrastructura, Inc.; “Petrochemical Deal of the Year, Philippines” for its role as Sole Arranger in the Philippine Tank Storage International Holdings’ US$150-million project; “Best PPP Deal of the Year, Philippines” for its project with MPCALA Holdings, Inc.; and “Best Transport Deal of the Year, Philippines” for its work with the Cebu Cordova Link Expressway Corporation’s P19-billion project.
For the ABF Corporate and Investment Banking Awards, BPI Capital won the “Mergers and Acquisitions Deal of the Year, Philippines” for the Merger of iPeople, Inc. and AC Education, Inc., “Equity Deal of the Year, Philippines” for the San Miguel Food and Beverage Follow-on Public Offering and the “Green Deal of the Year, Philippines” for the International Finance Corporation’s P4.8 billion maiden peso green bonds in the Philippines.
BPI Capital President Chiqui Huang said, “These recognitions inspire us even more to innovate and fulfill the demands of the evolving infrastructure market. We plan to maintain our leading position in the corporate segment while building a better Philippines by providing a full suite of banking products across different sectors, including infrastructure.”
Huang expressed that the recognition from both award-giving bodies highlights BPI Capital’s goal of championing nation-building through its contributions in the infrastructure that will propel BPI’s vision of a better Philippines.
Earlier this year, Asian Banking and Finance also awarded BPI Capital as the Domestic Project Finance Bank of the Year – Philippines for the MPCALA Holdings, Inc. project, while Alpha Southeast Asia Awards 2019 recognized BPI Capital as the Best Investment Bank in the country. (PR)