Absa Capital, the investment banking division of the Absa Group, was recognised as the best debt house in Africa in the prestigious Euromoney Awards for Excellence 2009.
Stephen van Coller, Deputy CEO and Head of Investment Banking at Absa Capital said the company was honoured to receive the award for best debt house as it underlined the strength and success of the Debt Capital Markets and Global Loans teams.
“Absa Capital was a bookrunner on three of the biggest bond deals of the last year including for City of Cape Town, Airports Company of South Africa and black empowerment group Barloworld.”
Aside from underwriting the only international bond, Absa Capital did the highest volume and the second-highest number of bonds.
In addition, in May this year Absa Capital raised R760m in the year’s first securitization deal for Eskom Finance Company Pty Ltd.
Ends…About Absa Capital
Absa Capital, a division of Absa Bank Limited (Absa) and affiliated to Barclays Capital, is a leading South African investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.Issued by:
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