Cemex, Ecopetrol Take Honors in LatinFinance
Cemex has also won the Best Bond Market Strategy: High Yield and Best Capital Markets Strategy: Mexico categories. These awards recognize the leading high yield issuer for its activity in the debt capital markets and the leading issuer for activity in the capital markets in Mexico, respectively. Cemex has tapped local and cross border markets, refinanced bank loans and converted bonds into equity over the awards period.
Ecopetrol has garnered the award for Best Loan Market Strategy, which recognizes the institution that has performed most impressively in the loan markets. Ecopetrol sealed a \\$1.92 billion club loan that stands out for its upsizing, terms and speed of execution compared to transactions from more highly-rated borrowers. The company has also won the award for Best Capital Markets Strategy: Andes, an award that recognizes the winner's activity and performance in the capital markets in the Andean region. "Ecopetrol garnered appeal from lenders and investors, and set new benchmarks for itself in the financial markets, all despite plummeting oil prices," said LatinFinance editor in chief Katie Llanos-Small.
Other winners in LatinFinance's Best Corporates in the Capital Markets 2015 Awards include Marfrig, JBS, Grupo Gloria and Fibra Uno. See the full list below.
LatinFinance Best Corporates in the Capital Markets winners:
The LatinFinance Best Corporates in the Capital Markets awards acknowledge the most impressive issuers across Latin America and the Caribbean between April 1, 2014 and March 31, 2015. Full details on the winner in each category can be found at latinfinance.com/bestcorporates.
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