BPI Capital recognized at Alpha Southeast Asia’s Best Deal & Solution and ESG Finance Awards

The Bank of the Philippine Islands (BPI), through its investment banking arm, BPI Capital Corporation (BPI Capital), earned multiple recognitions during the 18th Annual Best Deal & Solution Awards and ESG Green Finance Awards 2024, presented by Alpha Southeast Asia, the region’s first and only institutional investment magazine focused on Southeast Asia.

In a year marked by a challenging operating environment, BPI Capital’s clients emerged victorious, achieving a total of five prestigious awards for three notable sustainable debt transactions. These accolades strengthen BPI Capital’s position as a dominant player in the region’s investment banking landscape.

ACEN Corporation’s Php 11 billion Sustainability-Linked Loan (SLL), funded by BPI and the Asian Development Bank (ADB), was awarded as the Most Innovative Deal in Southeast Asia. The transaction is also recognized as the first SLL in the country. ACEN is the Ayala group’s listed energy platform. The company currently has 6.8 GW of attributable renewable energy capacity spanning operational, under-construction, and committed projects.

Ayala Land, Inc. (ALI), won Best Sustainability-Linked Transaction and Best Local Currency Bond Deal of the Year in Southeast Asia for its Php 6 billion Tranche I and Php 8 billion Tranche II Sustainability-Linked Bonds where BPI Capital acted as Joint Lead Underwriter and Bookrunner. ALI is one of the largest property developers in the country that promote sustainable development and provide long-term value to their residents, investors, and stakeholders.

Maynilad Water Services, Inc. likewise bagged two awards, Best Blue Bond in Southeast Asia and Most Innovative Deal of the Year, for its Php 15 billion 5 and 10-year Blue Bonds, with BPI Capital at the forefront as Sole Issue Manager, Joint Lead Underwriter and Bookrunner.

“Guided by BPI’s mission and values, BPI Capital is firmly committed to responsible banking by integrating sustainability principles into its transactions, collaborating with its clients to deliver impactful financial solutions that also promote environmental and social change,” said BPI Capital President Junie Veloso.

This year’s Alpha Southeast Asia Awards are especially significant given the highly competitive and demanding nature of the region’s financial markets. With over 72 bank submissions covering more than 180 deals, BPI Capital’s leadership in sustainability-linked finance, innovative structuring, and market execution was clearly demonstrated through the recognition of these key transactions.

“The Alpha Southeast Asia awards are a testament to the firm’s role as a transformative leader in the capital markets, setting new standards of innovation and excellence for ESG financing in the region,” Veloso added.

The Alpha Southeast Asia magazine, renowned for its focus on the institutional investment landscape in Southeast Asia, has long been recognized for celebrating exceptional leadership and achievement in the financial sector.