Friday, November 20, 2015

Four Awards from The Asset for PNB and PNB Capital

Last October 30, 2015 The Philippine National Bank (PNB) and PNB Capital and Investment Corporation (PNB Capital) achieved international recognition in lending and loan arrangement when the institution won four awards from the recently concluded The Asset Triple A Asia Infrastructure Awards 2015 held at the Island Shangri-la Hong Kong. The Asset for the following deals: Best Project Finance Deal of the Year, for the Metro Manila Skyway Stage 3 PhP31 Billion project finance syndicated term loan facility; Best Transport Deal, Philippines, for the same Metro Manila Skyway Stage 3 project; Best Transport Deal – Highly Commended, Philippines, for the GMR Megawide Cebu Airport Corporation PhP23.3 Billion financing facility; and Best Power Deal, Philippines, for the Pagbilao Energy Corporation PhP33.3 Billion project financing facility.

The Asset Triple A Awards are Asia’s defining recognition for excellence in the industry. This reputation has been built upon the stringent methodology, combind with the rigorous approach to the selection of the winners of the coveted Triple A. Awards obtained by the PNB Group is a testament to the bank’s commitment and dedication in offering competitive financing structures to clients while contributing to the development of the country.  To represent the PNB Group in the awarding ceremony, Gerry B. Valenciano, the President & CEO of PNB Capital is shown in the photo receiving the award from The Asset’s Editor-in-Chief Daniel Yu.

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