Awards for Excellence 2020
Year after year, HSBC quietly gets on with the key business of delivering crucial funding to clients whether they are looking to refinance debt, acquire an asset or rival, or just bulk up their balance sheet in the face of a once-in-a-century global pandemic.
During our review period, HSBC, under the leadership of its global co-head of advisory and investment banking coverage Peter Enns, blew its competitors out of the water. It led in Asia ex-Japan G3 bonds in 2019 – the 10th year in a row it topped the rankings – and through the first quarter of 2020.
It also led in green, social and sustainable G3 bonds in Asia, and G3 hybrid capital offerings in Asia ex-Japan, in the 12 months to the end of March 2020, according to Dealogic.
Never were its talents more important than in the early months of 2020, when the coronavirus crisis hit and corporates and countries scrambled to tap capital markets. It was joint leader manager on Bank of China’s $516 million Covid bond, printed in February, and on Shinhan Bank’s $50 million coronavirus-linked private placement.