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7 April 2010
Standard Bank Group is top deal maker says 'The Banker'
Standard Bank Group (SBG) has been recognized for its excellence in emerging markets winning three awards in the prestigious The Banker "Deal of Year" Awards for 2010.
The Banker magazine presented awards to Standard Bank Group for the following three deals:
USD$15 million, Cocoa-Receivables Revolving Trade Finance Facility - Agro Traders Limited, (Nigeria)
USD$200 million, Republic of Senegal Eurobond issue - Republic of Senegal
USD$500 million, Lower Tier 2 subordinated Eurobond.
Each year The Banker, the pre-eminent publication on the banking sector, acknowledges the best financial transactions undertaken in the key regions of Africa, The Americas, Asia, Europe and the Middle East. Entries are judged across ten categories ranging from mergers, acquisitions, equities, bonds and Islamic finance.
Commenting on the wins, Florian von Hartig, Global Head of Debt Capital Markets, said: "These awards from The Banker are testament to Standard Bank's innovative approach to structuring deals in emerging markets, and I am delighted with the recognition."
"Standard Bank Group's heritage of nearly 150 years, its pioneering spirit and proven track record gives it a distinct advantage in emerging markets, and The Banker's accolades are a reflection of the expertise within the team and their ability to structure and deliver high quality transactions to clients."
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