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Primeiro’s PHP 4.2 Billion Deal for Century Bags 2014 Best Structured Finance Deal Award

Primeiro Finance News
Primeiro Partners’ client Century Properties, recently won the 2014 The Asset Triple A Transaction - Treasury, Trade & Risk Management Awards for having the Best Structured Trade Finance Solution in the Philippines.

The publicly-listed premiere property developer was cited by The Asset’s Board of Editors for having the best structured trade finance solution of Php4.2 billion for several buildings situated in its three masterplanned communities, “avoiding negative carry of traditional funding route, as well as mitigating single event risk by financing all said projects concurrently.”

Century Properties is the sole winner of the said award category and only one of three Philippine companies to be honored in the 2014 regional awards, which seek to identify corporations and banking institutions that have implemented the most effective and innovative treasury, cash management capital and trade finance and risk management solutions in Asia.

The Asset Publishing and Research Ltd. Is a multimedia company geared towards the elite community of leading corporate and financial decision makers in Asia.

8 Apr 2014
Source: PR News

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