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Home Business Money

Standard Chartered is top book runner

BloombergbyBloomberg
January 3, 2020, 9:05 pm
in Money
Reading Time: 1 min read
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Standard Chartered Bank, the oldest international bank in the country, remains the top book runner of peso-denominated bonds in the league table published by Bloomberg in December 2019.  

The bank has lead-arranged a record P102.4 billion ($2 billion) worth of peso-denominated bonds for a 30-percent market share that secured its leading position in the local debt capital markets.

Chief executive Lynette Ortiz said in a statement Friday the bank’s strong and highly-awarded capital markets franchise both in the domestic and international markets had enabled the bank to become the partner of choice for issuers in the country, including the government.

She said this highlighted the bank’s dedication to deliver noteworthy transactions for its clients. 

“We will continue to leverage on our deep local expertise, capabilities and relationships, bringing the extensive network of SCB to ensure the best outcome for our clients,” Ortiz said.

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