SB Capital Investment Corporation, the wholly owned investment banking arm of Security Bank (PSE:SECB), has recently picked up a number of achievements for its investment banking and sustainable finance practices.
Best ESG House in the Philippines
In September, Euromoney named SB Capital the Philippines’ Best ESG House for its sustainable finance deals that have demonstrated innovation and impact. According to Euromoney, SB Capital’s “resourcefulness and creativity to do more with less means it still manages to grab leading roles on big ticket deals, as well as important but smaller deals—often with an ESG angle.”
Two deals particularly stood out. SB Capital’s role as sole arranger on Calabanga Renewable Energy’s PHP2.4 billion senior secured project finance term loan facility funded the first solar project in the country of Nexif Ratch Energy. Another deal with San Miguel Corporation (SMC), where SB Capital was the joint lead arranger for the PHP100 billion syndicated project finance term loan, was the country’s largest ever onshore peso project finance loan. This will fund the SMC Mass Rail Transit (MRT-7) project, which aims to make commuting faster for residents outside Metro Manila while reducing traffic and pollution.
Furthermore, SB Capital’s diverse client mix also contributed to the win. Clients include Ayala Corporation, ACEN Corporation, Citicore Energy REIT Corp., Asialink Finance Corporation Global Dominion Financing, South Asialink Finance Corporation, iSON Tower Assets, and 8990 Housing Development. These clients touch on ESG focus areas such as renewable energy, improving financial inclusion, expanding digital connectivity to underserved communities, providing affordable housing, and promoting economic growth.
“These examples show that ESG is at the core of what SB Capital does; the impact it can have is vast—irrespective of its balance sheet size,” said Euromoney.
Top Arranger – Investor’s Choice for Primary Issues – Government Bonds
This month, the Asset Benchmark Research ranked SB Capital Top two investors choice on its list of best investment houses for its expertise and leadership in arranging government bond issuances. This came at the heel of SB Capital being recognized as the Top three investors’ choice for primary issues for corporate bonds. This reflects SB Capital’s ability to structure and distribute bond offerings, ensuring they meet the needs of both issuers and investors. The firm’s role in facilitating government funding for infrastructure and development projects ultimately contributes to nation-building.
“We are deeply honored to be recognized for our commitment to investment banking excellence and sustainable finance,” said Virgilio Chua, President of SB Capital. “Our awards from Euromoney and The Asset reflect our steadfast dedication to resourcefulness, creativity, and impactful financial solutions. These accolades inspire us to continue delivering impact through projects that not only meet the needs of our clients, but also contribute to the greater good of our country and environment.”
SB Capital has received numerous accolades from other prestigious award-giving bodies this year, including Alpha Southeast Asia, Asian Banking & Finance, FinanceAsia, ESGBusiness Awards, and the Philippine Dealing System Holdings Corp. These recognitions underscore its status as one of the most respected investment houses in the Philippines.
To learn more about SB Capital, visit: https://www.securitybank.com/sb-capital.