LatinFinance Magazine today announced the winners of its annual Deal of the Year contest for the best transactions of 2005.
Miami, FL (PRWEB) December 16, 2005 -- LatinFinance Magazine today announced the winners of its annual Deal of the Year contest for the best transactions of 2005. The magazine gave 20 awards across a variety of categories, including Best Corporate Finance Strategy, Best Sovereign Local Currency Bond, Best Cross-Border Merger & Acquisition and Best Investment Bank. The magazine received more than 100 entries ranging from landmark transactions such as Brazil’s $4.5 billion A-Bond issue to a $106 million, three-year loan facility for Mexico’s TFM rail company.
“Ample liquidity, low interest rates, strong investor support and Latin America’s encouraging economic outlook allowed companies and their investment banks to structure some highly innovative transactions this year,” said John Barham, LatinFinance editor.
All 20 winners will be featured in the February issue of the magazine, including interviews with key players in the transactions. The following is a complete list:
Best Corporate Finance Strategy
Companhia Vale do Rio Doce
Best Investment Bank
Credit Suisse First Boston
Best Sovereign Bond Issuer
Brazil
Best Sovereign Dollar Bond Deal
Brazil $4.5 billion 8% 13-year A-Bond
Best Sovereign Local Currency Bond Deal
Brazil R$3.4 billion 12.5% 10-year global bond
Best Quasi-Sovereign Bond Deal
Codelco $210 million 4% 20-year UF local bond
Best Corporate Bond Deal
Eletropaulo $474 million 19.125% five-year bond
Best Financial Institution Bond Deal
Bradesco $300 million 8.87% perpetual bond
Best Sovereign Liability Management
Argentina $81.8 billion debt restructuring
Best Corporate Liability Management
TFM $106 million 3-year loan facility
Best Initial Public Equity Offering
Aguas Metropolitanas $398 million IPO
Best Secondary Equity Offering
PIBB ETF $1.104 billion offering
Best Cross-Border Merger & Acquisition
SABMiller $7.8 billion purchase of Bavaria
Best Domestic Merger & Acquisition
Embratel $547.5 million purchase of Telmex do Brasil and 37.1% stake in Net Serviços de Comunicação
Best Hostile Takeover
Cencosud $602 million purchase of 71.1% of Almacenes Paris
Best Syndicated Loan
Techint $1.38 billion loan with 16-bank syndicate
Best Corporate Restructuring
Globopar $1.3 billion debt exchange
Best Project Finance Deal
Mexico City International Airport $400 million financing
Best Asset-Backed Transaction
Unibanco $200 million standby loan backed by asset-backed bonds
Best Derivative Transaction
Venezuela Treasury bill derivative swap structure
About LatinFinance
Miami-based LatinFinance was founded in 1988 and has charted the region's ups and downs ever since. The magazine covers Latin America's banking industry, financial systems and capital markets as well as providing in-depth analysis of broader economic trends. LatinFinance also publishes a range of statistical data on Latin American banks and financial transactions. The magazine appears 10 times a year, in English. Visit www.latinfinance.com for archived issues, corporate profiles and league table rankings.
Contact:
John Barham, Editor
(305) 357-4215
www.latinfinance.com
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