Home Credit Philippines signs additional 7B Loan Credit Facility with BPI punto.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punto.com.ph Daily Mail and Mail on Sunday newspapers.
Bank of Ayudhya (Krungsri) announced yesterday the 75% majority stake acquisition of the consumer finance business of Home Credit in Indonesia and the Philippines, with an initial total consideration of €473.9 million (17.7 billion baht).
Published December 15, 2020, 5:00 AM
SB Capital Investment Corporation (SB Capital), the investment arm of Security Bank Corporation (SBC), was recently recognized by The Asset and FinanceAsia Awards for its participation in several fund-raising activities.
In a statement, SBC said SB Capital was cited for its role as lead arranger, bookrunner, and underwriter in key initial public offering (IPO) and finance deals in the Philippines and Southeast Asia this year.
The Asset Awards recognized SB Capital alongside three other banks as mandated lead arrangers and bookrunners for HC Consumer Finance’s P8 billion senior secured term loan facility.
The term loan facility won as the 2020 Best Structured Finance Deal in the Philippines.