Global Switch - Runner Up in the Corporate Finance Category of the Treasurer Deals of the Year Awards
February 29, 2012
Global Switch's inaugural bond issue has been highly commended
in the 2011 Treasurer Deals of the Year Awards. Its €600
million bond issue was runner up to the Deal of the Year in the
prestigious Corporate Finance Category.
According to the judging panel, good timing and execution marked
Global Switch's first visit to a public capital market last
April. Global Switch completed its investment-grade bond
offering for €600 million - increased from an initial €500 million
following over-subscription - to diversify funding sources, repay
shareholder loans and facilitate growth plans.
Global Switch is a Reuben Brothers company.
The Treasurer Deals of the Year Awards are the only treasury
awards where the winners are judged by fellow practitioners. They
celebrate the achievements of the corporate treasurer in
successfully accessing the debt and equity markets on behalf of
their company. All types of deal are considered and judged on the
basis of demonstrating innovation and excellence in treasury,
rather than on the size of the deal. In addition, the Treasury Team
of the Year Awards recognises the all round contributions of
treasury teams to business success. www.treasurers.org
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