KangaNews Awards 2017: winners announced

KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2017. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2017 in the Australian and New Zealand debt markets.

Since their inception at the end of 2007, the KangaNews Awards have been based purely on the votes of market participants. KangaNews does not employ an awards committee or ask for supporting documentation for nominations. Instead, it conducts thorough and intensive polling of those involved in the Australian and New Zealand debt markets.

Following a significant update of the awards categories in 2016, the category composition of the KangaNews Awards 2017 largely follows the pattern established last year.

New categories added for 2017 recognise the Australian Sustainability Debt House of the Year and the New Zealand Trustee of the Year. The Australian Non-Investment Grade Debt Deal of the Year replaces the Australian Listed Debt Deal of the Year.

The biggest change to the KangaNews Awards 2017 is to the individual categories – the winners of which will be announced at the KangaNews Awards Gala Dinner, which takes place at the Ivy Ballroom in Sydney on 14 March 2018.

This year, the KangaNews Awards will recognise the KangaNews Market People of the Year. There is sure to be great excitement around the announcement of the first group of winners, so make sure to reserve your table at the KangaNews Awards Gala Dinner by clicking here.

The KangaNews Awards 2017

Australian market house awards

Australian Dollar Bond House of the Year
ANZ

Australian Dollar Rates House of the Year – Primary Market
ANZ

Australian Dollar Rates House of the Year – Secondary Market
Westpac Institutional Bank

Australian Dollar Credit House of the Year – Primary Market
ANZ

Australian Dollar Credit House of the Year – Secondary Market
Commonwealth Bank of Australia

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 Sustainability Debt House of the Year
National Australia Bank

Australian Rates Fund Manager of the Year
Ardea Investment Management

Australian Credit Fund Manager of the Year
Kapstream Capital

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

Australian market deal awards

Australian Dollar Rates Bond Deal of the Year
Australian Office of Financial Management
A$11 billion 2.75% November 2028
Joint lead managers: ANZ, Commonwealth Bank of Australia, Deutsche Bank, Westpac Institutional Bank

SSA Kangaroo Bond Deal of the Year
World Bank
A$850 million 2.60% September 2022
Joint lead managers: ANZ, Deutsche Bank, TD Securities

Australian Dollar Financial Institution Bond Deal of the Year
Westpac Banking Corporation
A$1.95 billion October 2022 FRN & A$300 million 3.125% October 2022
Lead manager: Westpac Institutional Bank

Australian Dollar Corporate Bond Deal of the Year
Ausgrid Finance
A$750 million 3.75% October 2024 & A$450 million October 2024 FRN
Joint lead managers: Mizuho Securities, National Australia Bank, Westpac Institutional Bank

Australian Dollar Unrated Debt Deal of the Year
Seek
A$175 million April 2022 FRN
Global coordinator: HSBC
Joint lead managers: ANZ, HSBC, MUFG Securities, National Australia Bank

Australian Securitisation Deal of the Year
Latitude Finance Australia
A$1 billion Credit Card Loan Series 2017-1
Arranger: Bank of America Merrill Lynch
Joint lead managers: Bank of America Merrill Lynch, Deutsche Bank, National Australia Bank

Australian Syndicated Loan Deal of the Year
Sydney Airport
A$1.4 billion 2020
Lenders: ANZ, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Commonwealth Bank of Australia, Crédit Agricole, HSBC, J.P. Morgan, National Australia Bank, RBC Capital Markets, Scotiabank, Société Générale, Westpac Institutional Bank

Australasian-Origin Offshore Financial Institution Bond Deal of the Year
Bank of Queensland
€500 million 0.50% July 2022 (conditional pass-through covered bond)
Arranger: National Australia Bank
Joint lead managers: BNP Paribas, Commerzbank, ING, National Australia Bank, UBS

Australasian-Origin Offshore Corporate Bond Deal of the Year
Goodman Group
US$325 million 4.50% October 2037, US$525 million 3.70% March 2028 & €500 million 1.375% September 2025
Joint lead managers: Barclays, HSBC, J.P. Morgan, RBC Capital Markets

Australasian-Origin US Private Placement Deal of the Year
Ausgrid Finance
US$770 million & A$29 million 2027, US$430 million & A$103 million 2029, & US$430 million & A$188 million 2032
Agents: Commonwealth Bank of Australia, National Australia Bank, Westpac Institutional Bank/Bank of America Merrill Lynch

Australian Innovative Debt Deal of the Year
National Australia Bank A$500 million 3.25% March 2022 (Social Bond: Gender Equality)
Lead manager: National Australia Bank

Australian market issuer awards

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

Australian Corporate Issuer of the Year
Ausgrid Finance

Kangaroo Issuer of the Year
Asian Development 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
ACC

New Zealand Law Firm of the Year
Chapman Tripp

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

New Zealand Trustee of the Year
Guardian Trust

New Zealand Domestic Bond Deal of the Year
Bank of China New Zealand
NZ$150 million 4.09% October 2022
Joint lead managers: ANZ, Westpac Institutional Bank

Kauri Bond Deal of the Year
World Bank
NZ$550 million 3.375% January 2022
Joint lead managers: ANZ, BNZ, TD Securities

New Zealand Innovative Debt Deal of the Year
International Finance Corporation
NZ$125 million 3.75% August 2027 (green bond)
Joint lead managers: ANZ, BNZ

New Zealand Issuer of the Year
Auckland International Airport

Kauri Issuer of the Year
World Bank

KangaNews Market People of the Year

CHRIS DALTON AUSTRALIAN SECURITISATION FORUM

Australia’s securitisation market had its best year for more than a decade in 2017, and Chris Dalton can take as much credit as anyone else for the success of this sector’s road back to prominence. AS CEO of the ASF since 2009, Chris has led industry efforts to shape the re-regulation of the sector and to increase its profile with local and global investors.

TOM IRVING TD SECURITIES

It takes some doing for a Singapore-based Kiwi to become “Mr Kangaroo”, but Tom Irving can truly claim that mantle. Tom has overseen billions of dollars of global issuance in the Australian market and has been instrumental in securing TD Securities’ place as the pre-eminent Kangaroo bond house in this period – all while earning the praise of his clients for being a pleasure to work with.

SIMON LEWIS SUNCORP

Looking at the nominations received from awards voters, what stands out most about those mentioning Simon Lewis is the fact that more often than not they mention both the professional and personal. For instance, while one voter highlights Simon’s “extensive industry and investor work to promote Suncorp and the Australian bond market” and that he “goes the extra mile when an investor needs something”, they also make sure to point out that Simon is “also one of the nicest blokes in the industry”.

GEOFF MARTIN KIWIBANK

As Kiwibank’s head of funding, Geoff Martin lived through every issuer’s nightmare in 2017 – and emerged the other side with nothing but credit from the market. The way Geoff handled unfavourable external events around a pulled deal, including ongoing communication with investors, not only enabled Kiwibank to return to market by the end of the year but also earned him personal kudos and respect.

LOUISE TONG CONTACT ENERGY

In 2017, Contact Energy finalised the first ever green certification of a debt programme by a borrower in New Zealand and the largest by any company worldwide. Louise Tong was the key driving force behind this project at Contact, working within the company and with its banker, ANZ, to develop this groundbreaking programme.

EVA ZILELI NATIONAL AUSTRALIA BANK

NAB has pioneered various modes of sustainable funding for Australian banks, including being the first to issue green bonds and the first to issue social bonds. Eva Zileli has been a product champion within group treasury and is also prominent in the bank’s sustainability agenda as the banking sector seeks to reshape both its business and its reputation.