April 19, 2024 04:38 (IST)
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IDFC Bank wins honours at IFR Asia
Mumbai, Apr 4 (IBNS): IDFC Bank, subsidiary of the infrastructure finance company, IDFC Ltd., has been named the 'India Bond House' for the year 2015, by International Financing Review Asia (IFR Asia).
The India Bond House Award recognizes IDFC Bank’s successful execution during 2015 of numerous plain-vanilla bond deals and several innovative and landmark transactions, including IIFCL & ADB credit enhanced bonds, annuity-road project bonds, simultaneous super-senior, senior and mezzanine bond tranches for annuity-road project, corporate green bonds, and bonds with sponsor’s partial credit enhancement, an official statement said.
Speaking on the award, Ajay Mahajan, Head - Commercial & Wholesale Banking, IDFC Bank, said, “The award makes note of IDFC Bank’s innovative approach and superior capabilities in structuring complex transactions. We would like to thank our clients for placing their trust in IDFC Bank. We also thank IFR Asia for giving us this recognition.”
Ajay Mahajan received the award with Jayen Shah, Head – Debt Capital Markets, IDFC Bank, from Steve Garton, Editor of IFR Asia, at a function held in Hong Kong recently. The IFR Asia Awards are part of the Thomson Reuters Awards for Excellence, recognising corporate and individual success in the global financial industry.
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