HSBC wins a clutch of prestigious prizes

January 12, 2019 - 09:00

HSBC Vietnam has won a series of honours from FinanceAsia and The Asset, two influential publications in the world of corporate finance and investment banking.

HSBC Vietnam has won several awards from FinanceAsia and The Asset. — Photo courtesy of HSBC Vietnam
Viet Nam News

HCM CITY — HSBC Vietnam has won a series of honours from FinanceAsia and The Asset, two influential publications in the world of corporate finance and investment banking.

It received awards for Best IPO and Best Vietnam Deal from FinanceAsia and the Asset Triple A awards for Best IPO, Best Syndicated Loan and Best Loan Adviser in Việt Nam.

It earned plaudits for the IPO of Vinhomes JSC, the residential property arm of Vingroup. The record-breaking offering last year raised US$1.35 billion.

For its work as a joint book runner for the IPO, the bank shared the honour for “Best Vietnam Deal” and “Best IPO of the Year” at FinanceAsia’s Achievement Awards, and “Best IPO in Việt Nam” at the Asset Triple A awards.

The IPO was also the largest deal in Southeast Asia in 2018 and largest Southeast Asian real estate deal since 2013. 

HSBC Vietnam also won the award for “Best Syndicated Loan” in Việt Nam’s $400 million syndicated term loan facility and was named “Best Loan Adviser”.

Phạm Hồng Hải, CEO of HSBC Vienam, said: “We are honoured to win these awards from leading publishing organisations and be part of landmark deals in the country.

“These accolades reflect HSBC Vietnam’s capability to utilise the strength of our global network and execute world-class financing transactions to help corporates achieve their business ambitions.”

Last year HSBC had acted as a joint mandated lead arranger and book runner (MLAB) for a $950 million credit facility for VinFast to finance the first made-in-Vietnam automobile and motorcycle manufacturing plant.

This is the first such facility extended to a private sector company in the country. —VNS

 

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