The Banker Magazine
"Deal of the Year" Award
Awarded: May 2, 2007
In 2007, FirstCaribbean Capital Markets was awarded the "Deal of the Year Trinidad & Tobago" by The Banker magazine and the Financial Times Group. This is the first time it has been awarded to FirstCaribbean. In addition, this year marks the first time the honour has been presented to financial institutions in the Caribbean region.
Capital Markets received the award for the Urban Development Corporation of Trinidad & Tobago (UDECOTT) short-term financing facility completed in 2006.
"Deal of the Year" titles for 2007 were awarded to financial institutions in 60 countries across the globe from a pool of 650 applicants. Judging criteria for the honour ranged from speed of deal execution to customer service quality.
Capital Markets continues to raise hundreds of millions in US$ for debt capital for governments, state-owned enterprises and private and public companies. In addition to debt underwriting and structured project finance, the unit's product and service suite includes Equity Underwriting, Syndicated Loans and Structured Finance offerings.