Bank ABC wins three prestigious awards

Bank ABC has won three awards at the Bonds, Loans & Sukuk (BLS) Middle East Awards, held in Dubai as part of the BLS Middle East conference.

The bank received the ‘Global Corporate Sukuk Deal of the Year’ and ‘Aircraft Finance Deal of the Year’ for its landmark sukuk deal with Air Lease Corporation (ALC).

The third title, the ‘Metals & Mining Deal of the Year’, was awarded to the bank for the loan facilitated for Alba.

The BLS Middle East Awards recognise the most innovative and ground-breaking deals from the Middle East, and this year, Bank ABC stood out for playing a leading role in these two remarkable transactions.

Commenting on the multiple wins, Bank ABC Group head of treasury and financial markets Christopher Wilmot said, “We are extremely proud to have received this recognition which is a testament to our innovative approach to finance and our commitment to our clients. We are proud to have played a leading role in these momentous deals with Air Lease Corporation and Alba. I would like to thank our clients and partners, for their trust and confidence in our capital markets platform and the team at Bank ABC for their expertise, and commitment to our organisation.”

Commenting on the ALC awards, Bank ABC head of debt capital markets Nadia Zubairi said, “The award is a testament to the hard work and dedication of all stakeholders involved in the groundbreaking ALC transaction, which represented the first corporate sukuk issuance from North America and was 3.5 times oversubscribed.

“We are very proud of the leading role Bank ABC played in facilitating this Sharia-compliant source of funding for one of our key clients in the US and bringing this solid investment opportunity to the Middle East market.”

Bank ABC’s head of syndications Tariq Amin remarked, “We take pride in having been entrusted to lead a syndicated facility for Alba once again. The remarkable response received from the syndicated loan market is a testament to Alba’s strength and reputation in regional and international markets.”

 

Source: https://www.gdnonline.com/Details/1254080/Bank-ABC-wins-three-prestigious-awards

 

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