The Treasurer Deals of the Year awards have established themselves as the measure of the most impressive of the past year's completed corporate debt and equity deals.
The winners of The Treasurer's Deals of the Year 2002 awards were announced at The Association of Corporate Treasurers Annual Dinner on 13 November 2002, with Sir Edward George, Governor of the Bank of England as guest speaker.
The deals were chosen on the basis of their ability to set an example for other treasurers to emulate -- with due regard paid to the innovation, keen-pricing and sound treasury management practice reflected by each deal.
Richard Raeburn, Chief Executive of the ACT comments:
"Quality shines through in a tough market. Despite the difficult conditions over the past year, treasurers continue to bring exceptional deals to market. This is reflected in the winners of the annual Deals of the Year awards."
The 2002 winners are:
Deal type: EUR570m convertible bond
Month: April 2002
Deal leaders: Deutsche Bank, HSBC CCF, Société Générale
Deal type: $1.1bn convertible bond
Month: April 2002
Deal leaders: Citigroup/SSSB
Deal Type: £700m & EUR800m hybrid debt
Month: November 2001
Deal leaders: Barclays Capital, Lehman Brothers, Merrill Lynch, Société Générale
Deal type: £748m securitisation
Month: June 2002
Deal leaders: CIBC, WestLB
Deal type: EUR5.9bn syndicated loan and EUR2.8bn (equiv.) dual currency bond
Month: March - May 2002
Deal leaders: ABN AMRO, Bayerische Landesbank, BNP Paribas, Citibank/SSSB, Commerzbank, Deutsche Bank, HSBC, JPMorgan, Morgan Stanley, Royal Bank of Scotland, WestLB
Deal type: £680m syndicated loan
Month: March 2002
Deal leaders: Deutsche Bank, Royal Bank of Scotland
Deal type: £2bn rights issue
Month: July 2002
Deal leaders: CSFB, Goldman Sachs, UBS Warburg
Deal type: EUR5bn primary offering
Month: December 2001
Deal leaders: ABN AMRO, Deutsche Bank