KangaNews Awards 2019: winners announced

KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2019. After an exhaustive voting process to gauge the views of market participants in Australia, New Zealand and beyond, KangaNews is confident that the results of the KangaNews Awards 2019 are a true reflection of excellence in the Australasian debt markets.

This year’s awards produced a clutch of extremely close results. Sustainability was a major focus of voter attention in Australia and New Zealand, and market innovation was recognised in a raft of categories.

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 awards pitches. Instead, it conducts thorough and intensive polling of those involved in the Australian and New Zealand debt markets.

New awards for 2019 included the Australian Rates Sector Rating Agency of the Year, Australian Credit Sector Rating Agency of the Year and Australian Structured Finance Rating Agency of the Year. In New Zealand, voters recognised the New Zealand Sustainability Deal of the Year for the first time.

The category composition of the KangaNews Awards 2019 continues to reflect the continuously evolving markets in Australia and New Zealand. The winners in the Market People of the Year category in 2019 will again be announced live at the KangaNews Awards Gala Dinner, which takes place at Doltone House Hyde Park in Sydney on 24 March 2020.

The KangaNews Awards 2019

Australian market house awards

Australian Dollar Bond House of the Year
ANZ

Australian Dollar Rates House of the Year
ANZ

Australian Dollar Credit House of the Year
ANZ

Australian Dollar SSA House of the Year
TD Securities

Australian Dollar Secondary Market House of the Year
ANZ

Australian Securitisation House of the Year
National Australia Bank

US Coverage Bond House of the Year
Citi

US Private Placement House of the Year
National Australia Bank

Europe Coverage Bond House of the Year
BNP Paribas

Asia ex-Japan Coverage Bond House of the Year
HSBC

Japan Coverage Bond House of the Year
MUFG Securities

Australian Sustainability Debt House of the Year
ANZ

Australian Rates Fund Manager of the Year
Ardea Investment Management

Australian Credit Fund Manager of the Year
Kapstream Capital

Australian Sustainability Fund Manager of the Year
QIC

Australian Law Firm of the Year
King & Wood Mallesons

Australian Rating Agency of the Year
Moody’s Investors Service

Australian Rates Sector Rating Agency of the Year
S&P Global Ratings

Australian Credit Sector Rating Agency of the Year
Moody’s Investors Service

Australian Structured Finance Rating Agency of the Year
Fitch Ratings

Australian Trustee of the Year
Perpetual Corporate Trust

Australian market deal awards

Australian Dollar Rates Bond Deal of the Year
New South Wales Treasury Corporation
A$1.8 billion 1.25% March 2025 sustainability bond
Joint lead managers: ANZ, BofA Securties, National Australia Bank

SSA Kangaroo Bond Deal of the Year
Asian Development Bank
A$1 billion 2.45% January 2024 green bond
Joint lead managers: Deutsche Bank, Nomura, TD Securities

Australian Sustainability Bond Deal of the Year
Woolworths Group
A$400 million 2.85% April 2024 green bond
Joint lead managers: ANZ, Citi, J.P. Morgan

Australian Dollar Financial Institution Bond Deal of the Year
National Australia Bank
A$1.175 billion November 2031 FRN & A$225 million 3.225% tier two
Lead manager: National Australia Bank

Australian Dollar Corporate Bond Deal of the Year
Coles Group
A$300 million 2.2% November 2026 & A$300 million 2.65% November 2029
Joint lead managers: MUFG Securities, National Australia Bank, Westpac Institutional Bank

Australian Dollar Non-Investment-Grade Bond Deal of the Year
Virgin Australia
A$250 million 8.075% March 2024
Joint lead managers: ANZ, HSBC, UBS

Australian Securitisation Deal of the Year
Commonwealth Bank of Australia
A$1.5 billion Medallion 2019-1 AONIA-linked
Arranger and lead manager: Commonwealth Bank of Australia

Australian Syndicated Loan Deal of the Year
Sydney Airport Finance sustainability performance-linked loan
A$570 million 2022, A$530 million 2023 & A$300 million 2024
Sustainability coordinators: ANZ, BNP Paribas

Australasian-Origin Offshore Financial Institution Bond Deal of the Year
Westpac Banking Corporation
US$1.25 billion 4.11% July 2034 & US$1 billion 4.421% July 2039 tier two
Joint lead managers: BofA Securities, Citi, HSBC, J. P. Morgan, Westpac Institutional Bank

Australasian-Origin Offshore Corporate Bond Deal of the Year
APT Pipelines
£400 million 3.125% July 2031
Joint lead managers: ANZ, BNP Paribas, HSBC, RBC Capital Markets

Australasian-Origin US Private Placement Deal of the Year
Australia Pacific Airports Corporation (Melbourne Airport)
US$105 million 2031, US$105 million 2034, A$150 million 2039 & A$250 million 2044
Agents: BofA Securities/Westpac Institutional Bank, Scotiabank

Australian market issuer awards

Australian Government-Sector Issuer of the Year
National Housing Finance and Investment Corporation

Kangaroo Issuer of the Year
World Bank

Australian Corporate Issuer of the Year
Ausgrid Finance

Australian Sustainability Issuer of the Year
New South Wales Treasury Corporation

Australian market innovation awards

Australian Innovative Debt Deal of the Year
zipMoney
A$500 million Zip Master Trust Series 2019-1
Arranger and lead manager: National Australia Bank

Australian Market Innovation of the Year
The use of AONIA as a benchmark reference rate in Australia
Awarded jointly to Commonwealth Bank of Australia and South Australian Government Financing Authority

New Zealand market awards

New Zealand Domestic Bond House of the Year
ANZ

New Zealand Rates House of the Year
Westpac

New Zealand Credit House of the Year
ANZ

Kauri House of the Year
ANZ

New Zealand Secondary Market House of the Year
BNZ

New Zealand Fund Management House 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 Trustee of the Year
Guardian Trust

New Zealand Domestic Bond Deal of the Year
New Zealand Local Government Funding Agency
NZ$1 billion 2.25% April 2024
Joint lead managers: BNZ, Westpac Banking Corporation New Zealand Branch

Kauri Bond Deal of the Year
Export Development Canada
NZ$650 million 2.875% November 2023
Joint lead managers: ANZ, BNZ, Commonwealth Bank of Australia

New Zealand Sustainability Deal of the Year
Kāinga Ora – Homes and Communities
NZ$500 million 2.247% October 2026 sustainability bond
Joint lead managers: ANZ, BNZ

New Zealand Innovative Debt Deal of the Year
Synlait Milk
NZ$50 million 2023 sustainability linked loan
Sustainability coordinator and mandated lead arranger: ANZ

New Zealand Issuer of the Year
Kāinga Ora – Homes and Communities

Kauri Issuer of the Year
World Bank