KangaNews Awards 2016: winners announced

KANGANEWS AWARDS 2016: WINNERS ANNOUNCED

KangaNews Awards methodology and key changes for 2016

Since their inception at the end of 2007, KangaNews's annual awards have been based purely on the votes of market participants. We do not employ an awards committee or ask for supporting documentation for nominations. Instead, we conduct a thorough and intensive polling of those involved in the Australian and New Zealand debt markets.

In 2016, KangaNews reviewed and revised several awards categories to ensure they best reflect the shape of the market in Australia and New Zealand. Key changes were as follows:

• The Australian bond house categories have been realigned to best represent firms' expertise in different debt sectors. Specifically, KangaNews is now awarding the best performers in primary and secondary markets for Australian dollar rates, credit, and the supranational, sovereign and agency sectors.

• Above all these categories, KangaNews has introduced an Australian Dollar Bond House of the Year category to reward excellence across sectors.

• To reflect the growing internationalisation of the Australian dollar market, the Australian Dollar Financial Institution Bond Deal of the Year and the Australian Dollar Corporate Bond Deal of the Year now cover all relevant transactions in the currency – whether issued by domestic or international ("Kangaroo") entities.

• A new category has been added for Australian Trustee of the Year.

• The offshore deal categories now include both Australian and New Zealand issuers, giving New Zealand companies their first chance to be awarded for international transactions.

• New categories have been added to reward New Zealand service providers: New Zealand Law Firm of the Year and New Zealand Rating Agency of the Year.

• For the first time, innovative deals of the year are awarded in both the Australian and New Zealand markets.

After an extensive vote verification process and testing of the validity of results, KangaNews is confident that the KangaNews Awards 2016 truly represent the views of the market on the outstanding performers of 2016.

The KangaNews Awards also include a handful of individual categories, the results of which have not been announced. Individual categories were awarded at the KangaNews Awards Gala Dinner at the Ivy Ballroom in Sydney on Tuesday 21 March 2017. The dinner once again supported Cure Cancer Australia

THE KANGANEWS AWARDS 2016

AUSTRALIAN MARKET AWARDS

HOUSE AWARDS

Australian Dollar Bond House of the Year
ANZ

Australian Dollar Rates House of the Year - Primary Market
UBS

Australian Dollar Rates House of the Year - Secondary Market
Commonwealth Bank of Australia

Australian Dollar Credit House of the Year - Primary Market
ANZ

Australian Dollar Credit House of the Year - Secondary Market
Citi

Australian Dollar SSA House of the Year - Primary Market
TD Securities

Australian Dollar SSA House of the Year - Secondary Market
TD Securities

Australian Securitisation House of the Year
National Australia Bank

Australian Issuer Offshore Debt House of the Year
National Australia Bank

Australian Dollar Syndicated Loan House of the Year
Commonwealth Bank of Australia

Australian Derivatives House of the Year
National Australia Bank

Australian Rates Fund Manager of the Year
Western Asset Management

Australian Credit Fund Manager of the Year                                   
Macquarie Investment Management

Australian Law Firm of the Year
King & Wood Mallesons

Australian Rating Agency of the Year
Moody's Investors Service

Australian Trustee of the Year
Perpetual Corporate Trust

DEAL AWARDS

Australian Dollar Rates Bond Market Deal of the Year
Australian Office of Financial Management
A$7.6 billion 3.00% March 2047
Joint lead managers: ANZ, Commonwealth Bank of Australia, Citi, Deutsche Bank, UBS, Westpac Institutional Bank

Australian Dollar Financial Institution Bond Deal of the Year
AAI
A$330 million October 2022 call FRN tier-two
Joint lead managers: National Australia Bank, UBS, Westpac Institutional Bank

Australian Dollar Corporate Bond Deal of the Year
Qantas Airways
A$250 million 4.40% October 2023 & A$175 million 4.75% October 2026
Joint lead managers: ANZ, Deutsche Bank, HSBC

Kangaroo Supranational, Sovereign and Agency Bond Deal of the Year
World Bank
A$800 million 2.80% January 2021
Joint lead managers: Deutsche Bank, Nomura, RBC Capital Markets

Australian Listed Debt Deal of the Year
Westpac Banking Corporation
A$1.7 billion additional tier one 
Arranger: Westpac Institutional Bank
Joint lead managers:  ANZ, Commonwealth Bank of Australia, Morgans, Morgan Stanley, National Australia Bank, UBS, Westpac Institutional Bank

Australian Securitisation Deal of the Year
ANZ Banking Group
A$2 billion Kingfisher Trust 2016-1
Arranger and lead manager: ANZ

Australian Syndicated Loan Deal of the Year
TransGrid
A$1 billion 2017, A$2.34 billion 2019, A$1.94 billion 2020 & A$621 million 2022
Mandated Lead Arrangers: ANZ, The Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, Development Bank of Singapore, Export Development Canada, HSBC, J.P. Morgan, Natixis, RBC Capital Markets, Scotiabank, United Overseas Bank, Westpac Institutional Bank

Australian Innovative Debt Deal of the Year
Qube Holdings
A$305 million 5.65% October 2023
Joint structuring advisors: National Australia Bank, UBS
Joint lead managers: ANZ, National Australia Bank, UBS

Australasian-Origin Offshore Financial Institution Deal of the Year
ANZ Banking Group
US$1 billion 6.75% additional tier-one
Joint lead managers: ANZ, Citi, Deutsche Bank, Goldman Sachs, Morgan Stanley

Australasian-Origin Offshore Corporate Bond Deal of the Year
Sydney Airport Corporation
US$900 million 3.625% April 2026
Joint lead managers: ANZ, Bank of America Merrill Lynch, J.P. Morgan, Scotiabank

Australasian-Origin US Private Placement Deal of the Year
TransGrid
US$200 million 3.08% 2026, US$250 million 3.18% 2029, US$250 million 3.33% 2031 & A$75 million 2033 FRN
Joint lead managers: J.P. Morgan/ANZ, MUFG Securities, RBC Capital Markets

ISSUER AWARDS

Australian Government Sector Issuer of the Year
Australian Office of Financial Management

Australian Financial Institution Issuer of the Year
ANZ Banking Group 

Australian Corporate Issuer of the Year
Port of Brisbane

Kangaroo Issuer of the Year
Apple

INDIVIDUAL AWARDS

Australian Financial Institution Treasury Executive of the Year
Curt Zuber, Westpac Banking Corporation

Australian Corporate Treasury Executive of the Year
Paul Lewis, Qube Holdings

Australian Intermediary of the Year
Brad Scott, National Australia Bank

Kangaroo Intermediary of the Year
Tom Irving, TD Securities

Australian Market Achievement Award
Mary Ploughman, Resimac

Kangaroo Market Achievement Award
Andrea Dore, World Bank

NEW ZEALAND MARKET AWARDS

New Zealand Domestic Bond House of the Year
ANZ

Kauri Bond House of the Year
ANZ

New Zealand Fund Manager of the Year
ANZ Wealth

New Zealand Law Firm of the Year
Chapman Tripp

New Zealand Rating Agency of the Year
S&P Global Ratings

New Zealand Domestic Bond Deal of the Year
Chorus
NZ$400 million 4.12% May 2021
Joint lead managers: ANZ, Westpac Institutional Bank

Kauri Bond Deal of the Year
World Bank
NZ$875 million 3.50% January 2021
Joint lead managers: ANZ, BNZ

New Zealand Innovative Debt Deal of the Year
Westpac Banking Corporation
NZ$400 million 4.695% September 2021 call tier-two
Arranger: Westpac Institutional Bank
Joint lead managers: BNZ, Deutsche Craigs, First NZ Capital, Forsyth Barr, Macquarie Bank, Westpac Institutional Bank

New Zealand Issuer of the Year
New Zealand Debt Management Office

Kauri Issuer of the Year
World Bank

New Zealand Treasury Executive of the Year
Mark Butcher, New Zealand Local Government Funding Agency

New Zealand Market Achievement Award
Murray Jones, New Zealand Debt Management Office