News December 2, 2020

Wins for ESG and M&A deals at FinanceAsia Achievement Awards

Deutsche Bank's leadership role in Environmental, Social and Governance (ESG) bond issuance in Asia, and two M&A transactions in Australia and New Zealand was recognised at the Finance Asia Awards last week.

Differentiating in ESG

The bank’s role on Star Energy’s 1.1 billion US dollar green bond in October as global coordinator scooped two awards: ‘Megatrend Deal of the Year for ESG’ and ‘Best of Southeast Asia ’. These wins are particularly significant given the uptick in ESG bond issuance in 2020 and evidence Deutsche Bank’s momentum in ESG in the region.

The bank’s leadership in Taiwan’s wind sector was also commended once again with ‘Project Finance Deal of the Year’ for its role in Changfang and Xidao's 3 billion US dollar offshore wind financing. Deutsche Bank is currently ranked #1 in the Asia high yield ESG market according to Bloomberg.

Dominating down under

Deutsche Bank also performed in Australia and New Zealand with two marquee wins. The bank’s role as advisor to Vodafone Hutchison Australia on its 21 billion Australian dollar acquisition of TPG Telecom, won 'M&A Deal of the Year'.

The bank also scooped 'Best New Zealand Deal' for acting as financing arranger on Shinsei Bank’s 659 million New Zealand dollar acquisition of UDC Finance.

FinanceAsia Achievement Awards 2020: Deutsche Bank wins:

  • Megatrend Deal of the Year (ESG) and Best of Southeast Asia – Star Energy’s USD 1.1 billion amortizing senior secured green bond (Deutsche Bank role: Global co-ordinator)
  • Project Finance Deal of the Year – Changfang and Xidao's NTD 90 billion (USD 3 billion) offshore wind financing (Deutsche Bank role: Mandated lead arranger)
  • Best M&A Deal (Australia and New Zealand) – Vodafone Hutchison Australia's AUD 21 billion (USD 15 billion) acquisition of TPG Telecom (Deutsche Bank Role: Buy side advisor)
  • Best New Zealand Deal – Shinsei Bank’s NZD 659 million (USD 419 million) acquisition of UDC Finance (Deutsche Bank role: Financing arranger)

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