Metrobank bags two honors at Asset Triple-A Country Awards

The Asset, a monetary publishing and analysis establishment, has awarded Metropolitan Financial institution & Belief Co. (Metrobank) the Greatest Multi-product Financing Deal and the Greatest Syndicated Mortgage Deal at its current Triple-A Awards.

Metrobank was given the Greatest Multi-product Financing Deal within the Philippines as an Arranger for Cebu Air, Inc.’s USD 840 million capital elevating and liabilities re-profiling. The deal supported the corporate’s funding technique of optimizing its capital construction whereas implementing its enterprise transformation plan.

In picture are Metrobank Executives: (L to R) Antonio Ocampo, Jr., head of Metrobank Company Banking Group and now the brand new President of Orix Metro Leasing and Finance Corp.; Diego Tuazon and Lia Balagot, Relationship Managers; and Marilen Trinidad, Head of Giant Corporates Division 2.

For the Greatest Syndicated Mortgage award, Metrobank was one of many Mandated Lead Arrangers for the Wilmar Worldwide USD 1.5 billion mortgage facility. The mortgage enabled Wilmar, a holding firm concerned in agriculture and meals processing, to extend the ability quantity from the unique measurement of USD 840 million. It grew to become one of many largest US greenback 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,” stated Mary Mylene Caparas, Metrobank Government Vice President and Head of Institutional Banking Sector.

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