The deals were chosen on the basis of their sound treasury management, efficient pricing, innovative structure and relative success in the prevailing conditions.
They are selected by leading treasurers and finance professionals. The awards are supported by The Association of Corporate Treasurers (ACT).
The 2003 winners are, by category:
Equity: Northumbrian Water (May 2003, Â£389m IPO)
Equity-linked Bonds: EMI (September 2003, $243.34m convertible bond)
High-yield Bonds: Focus Wickes (July 2003, Â£190m, â¬140m hybrid mezzanine notes)
Investment-grade Bonds: Tesco (December 2002, â¬750m, Â£350m, Â£50m, Â£200m)
Loans: Six Continents (February 2003, Â£6bn three-tranche demerger facilities)
Securitisation: BBC (July 2003, Â£813m sale and leaseback for Broadcasting House)
For further information, please contact:
Mike Henigan (Managing Editor of The Treasurer) on +44 (0)20 7213 0723 (direct line) or +44 (0)20 7213 9728 (switchboard)
Louise Michalowicz (Marketing Manager of the ACT) on +44(0) 20 7213 0726 (direct line) or +44 (0)20 7213 9728 (switchboard)