Best borrowers 2007: Best bank borrower: US Bancorp

The bank’s hybrid securities activity illustrates the stark contrast between the US and European bank capital sectors.

Euromoney’s borrower awards 2007

Overall awards
Best sovereign/supranational/agency borrower Best bank borrower
Best insurance borrower Best ABS
Best CDO borrower Best covered bond issuer
Best corporate borrower Best high-yield/leveraged finance borrower
Latin America regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Central & Eastern Europe regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Asia regional awards
Best sovereign borrower Best corporate borrower
Best financial borrower
Middle East and northern Africa regional awards
Best borrower
Daryl Bible, US Bancorp

“To my knowledge we have issued almost every form of capital. Enhanced trust preferred, Reit preferred, DRD, mandatory convertible”
D
aryl Bible, US Bancorp

The scale of innovation in European hybrid securities has slowed dramatically but in the US the pace has been frantic.

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