MARC Ratings Berhad has published its 2022 Lead Managers' League Tables. The league tables are published annually, and rank the lead managers by volume and number of lead-arranged issuances rated by MARC Ratings in any given year.
CIMB Investment Bank Berhad topped the issued value league table of debt and sukuk programmes/issuances rated by MARC Ratings. Maybank Investment Bank Berhad came in second place, followed by RHB Investment Bank Berhad in third place.
The winner of the issue count league table of debt and sukuk programmes/issuances rated by MARC Ratings is Maybank Investment Bank Berhad. CIMB Investment Bank Berhad was the runner-up, while jointly in third place were RHB Investment Bank Berhad and HSBC Amanah Malaysia Berhad.
Details of MARC Ratings’ 2022 League Tables are as follows:
LEAD MANAGERS' LEAGUE TABLE FOR JANUARY-DECEMBER 2022
(by rated issued value in RM million)
LEAD MANAGERS’ LEAGUE TABLE FOR JANUARY-DECEMBER 2022
(by issue count)
Rated issued value credit is given to lead managers based on the programme-specific arrangements between lead arrangers for jointly arranged programmes. Equal issue count credit is given to lead managers for jointly arranged programmes.
Notable corporates which were involved in deals rated by MARC Ratings were recognised in separate categories. Projek Lebuhraya Usahasama Berhad was honoured with MARC's Sukuk of the Year Award, being the world’s largest single rated sukuk issued by a corporate. Meanwhile, Amanat Lebuhraya Rakyat Berhad was the winner of MARC's Innovative Deal of the Year Award for its highway trust model, being the first of its kind in Malaysia that is deemed a win-win deal for concession holders, the government and highway users over the long run.
The Project Financing Award 2022 was awarded to TNB Power Generation Sdn Bhd given its involvement in the Nenggiri hydro power plant project, with its structured payment schedule. Point Zone (M) Sdn Bhd was awarded with MARC’s Sustainability Award 2022 for its overarching sustainability initiatives that align harmoniously with their commitments of addressing gaps in the healthcare sector.