Metrobank was recognized by The Asset Triple A Country Awards 2021 with the Best Multi-Product Financing award for being one of the Arrangers for Cebu Air, Inc.’s US$840 million capital raising and liabilities re-profiling.
The Asset, a financial publishing and research institution, has awarded Metropolitan Bank & Trust Co. (Metrobank) the Best Multi-product Financing Deal and the Best Syndicated Loan Deal at its recent Triple-A Awards.
Metrobank was given the Best Multi-product Financing Deal in the Philippines as an Arranger for Cebu Air, Inc.’s USD 840 million capital raising and liabilities re-profiling. The deal supported the company’s funding strategy of optimizing its capital structure while implementing its business transformation plan.
For the Best Syndicated Loan award, Metrobank was one of the Mandated Lead Arrangers for the Wilmar International USD 1.5 billion loan facility. The loan enabled Wilmar, a holding company involved in agriculture and food processing, to increase the facility amount from the original size of USD 840 million. It became one of the largest US dollar syndicated loans in Singapore in 2021.
“We acknowledge the challenges faced by many businesses across industries during these uncertain times. As one of the catalysts for economic progress, financial institutions like Metrobank remain committed to being the best partner for our clients, as we aid them in their business strategies and growth initiatives,” said Mary Mylene Caparas, Metrobank Executive Vice President and Head of Institutional Banking Sector.
To know more about Metrobank, please visit https://www.metrobank.com.ph/.