First Metro bags awards for power deals

Two power projects finance deals of First Metro Investment Corp. (FMIC) bagged awards at the Triple A Asia Infrastructure Awards 2016 of the Hong Kong-based finance publication The Asset.

The P42.15-billion project loan facility for San Buenaventura Power Ltd. Co. (SBPL) took the Best Power Deal award and the P31.97-billion project loan facility for Therma Visayas Inc. (TVI) won the Most Innovative Deal award.

The firm said the two deals were among the largest capital markets transactions in 2015.

Read more here.

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