![TFD [LOGO].png](https://static.wixstatic.com/media/1c4fd3_548a902f0e634d898458c2078da13fc9~mv2.png/v1/crop/x_67,y_226,w_358,h_43/fill/w_169,h_20,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D.png){kind=small}
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/TFD%20%5BLOGO%5D%20(10).png)
Metro Pacific Investments Corporation (MPIC) has been honored with the Best Privatization Award at the Triple A Sustainable Finance Awards 2024.
MPIC’s award-winning transaction stands as a beacon of accomplishment in the finance landscape and is a catalyst for future privatization endeavors worldwide. I Photo: MPIC
This esteemed recognition solidifies MPIC’s position as a leader in sustainable finance and underscores its commitment to fostering positive transformation in the business world.
The Triple A Sustainable Finance Awards, renowned for defining excellence in banking, finance, treasury, technology, investing, and the capital markets, shine a spotlight on the pioneering efforts of corporations, institutions, and individuals who are driving sustainability and responsible financial practices.
The successful delisting tender offer, coordinated by Mitsui & Company/Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development of Japan, First Pacific, GT Capital Holdings, and MIG Holdings for MPIC, has established a new benchmark for privatization endeavors.
This transaction represents a significant milestone in Philippine tender offers, boasting the largest enterprise value of approximately US$7.5 billion and the largest equity value of about US$2.7 billion.
MPIC’s award-winning transaction stands as a beacon of accomplishment in the finance landscape and serves is a catalyst for future privatization endeavors worldwide.
“The Triple A Sustainable Finance Awards showcase the profound influence of sustainability in financial thinking, and we are honored to be acknowledged for Best Privatization. This inspires us to continue pursuing positive change in the way we conduct our finances,” said Manuel V. Pangilinan, Chairman, President, and CEO of MPIC.
By aligning with the United Nations Sustainable Development Goals (SDGs), MPIC’s privatization demonstrates a strategic approach to finance that prioritizes sustainability alongside financial performance.
The Triple A Sustainable Finance Awards validate MPIC’s leadership and vision in fostering development within the finance sector.
Comments