Recuperating markets played to the strengths of JPMorgan, globally one of the few banks to emerge stronger from crisis. The shift to high yield presents a challenge.
Category: Deals of the Year Awards
BEST PROJECT FINANCE DEAL
Securing $1.34 billion in 10-year money through a quasi-syndication in a year when even high quality five-year projects in Chile struggle is a major feat.
BEST M&A HOUSE
When the global economy plummeted, investment banks withered and company valuations dropped, Credit Suisse braved the storm, proving its ability to get deals done in the worst of conditions.
BEST STRUCTURED FINANCING
When regulators stepped in to set guidelines for quasi-equity structures sold in Mexico’s domestic bond market, a new asset class was born.
BEST LOAN HOUSE
Santander has demonstrated in the past 14 months that it has what it takes to weather a downturn and remain an active lender.
BEST TRADE FINANCE DEAL
In a tough year for trade finance, leading borrower América Móvil proved that diversification to the east is not just for rogue governments strapped for cash.
BEST CORPORATE BOND
In April, Telemar struck with the first benchmark-sized bond from a non quasi-sovereign LatAm corporate.
BEST SOVEREIGN ISSUER
Brazil brought the first sovereign bond of 2009 – on the same day as Colombia – though credit for reopening emerging markets goes to Mexico’s daring 2019 three weeks before in mid-December.
BEST SOVEREIGN BOND
In a dazzling display of all it has achieved this decade, Mexico cracked open international bond markets for EM issuers just before Christmas 2008 with a tightly priced $2 billion 10-year benchmark that took out much of 2009 funding needs.
BEST QUASI SOVEREIGN BOND
It had been two years since a non-sovereign entity has issued bonds from Colombia, a country whose economic and security improvements landed it near the top of many EM investor wish lists.
