Bank of Ireland Corporate and Treasury with five award-winning deals

Bank of Ireland is honoured to have won five awards in Finance Dublin’s Deals of the Year 2017 including four transactions executed on behalf of our clients Greencore Group plc, Coillte, Dalata Hotel Group plc and daa plc as well as our award in respect of the Group’s credit risk transfer transaction executed through Grattan Securities.

L-R: Ray O’Neill, Senior Treasury Manager, Bank of Ireland; Regina Walsh, Associate Director, Bank of Ireland; Alan McNamara, Head of Capital Structuring, Bank of Ireland; Sean Barrett, Senior Director, Bank of Ireland; Rob Quinn, Head of Hotels Portfolio, Bank of Ireland; Sinead Gormley, Senior Legal Advisor, Bank of Ireland; Maurice Healy, Director, Bank of Ireland; Brian Kealy, Head of Capital Management, Bank of Ireland; John Leahy, Treasury Manager, Bank of Ireland; Gerry Gillespie, Senior Manager, Bank of Ireland

Mergers and Acquisitions – M&A Deal of the year

Greencore Group plc (‘Greencore’), a leading international producer of convenience foods and the world’s largest sandwich maker, has won the Mergers & Acquisitions Deal of the Year award for its acquisition of Peacock Foods and its associated financing.

(L-R)Russell Williamson, Senior Manager, Bank of Ireland; Noel Brady, Head of Treasury, Greencore; Fiona Egan, Head of Global Corporate Clients, Rabobank; Brian Reidy, Director
of Global Corporate Clients, Rabobank; Brendan Corcoran, Head of Agriculture, Food & Beverage, HSBC IrelandPhoto: Peter Houlihan

Loans and Financing – Public Bodies

“Acting as Agent and Security Trustee to the lender syndicate of five banks, Bank of Ireland is delighted to support Coillte on the successful refinancing of its debt facilities. The successful execution of this transaction has provided Coillte long term debt funding at an improved maturity profile, enabling it position itself for future growth and facilitate a significant capital investment program as well as complementing its five-year stated strategy to turn Coillte into the best forestry and land solutions company in Europe.” Sean Barrett, Senior Director, Bank of Ireland

L-R = Gerard Britchfield, Finance Director, Coillte; Barry Dempsey, Head of Treasury, Coillte;  Regina Walsh, Associate Director, Bank of Ireland; Sean Barrett, Senior Director, Bank of Ireland; Gerry Gillespie, Senior Manager, Bank of Ireland.

Financial Services – Banking

“Bank of Ireland is delighted to accept this award from Finance Dublin. This innovative deal was the first transaction of this nature to be completed in the Irish banking sector. By transferring credit risk, in a cost efficient manner, the transaction releases capital which can be used to support new lending to customers.The transaction offered investors a unique investment opportunity and its successful execution demonstrates continued investor confidence in the Bank and the Irish economy.” Alan McNamara, Head of Capital Structuring, Bank of Ireland

[L-R] Ray O’Neill, Senior Treasury Manager, Bank of Ireland; Alan McNamara, Head of Capital Structuring, Bank of Ireland; Sinead Gormley, Senior Legal Advisor, Bank of Ireland; John Leahy, Treasury Manager, Bank of Ireland; Brian Kealy, Head of Capital Management, Bank of Ireland.

Loans and Financing – Large Corporate

“The success of the business to date is testament to Dalata’s highly experienced management team and Bank of Ireland, alongside our syndicate banking partners, is delighted to have played a key role in placing Dalata in a strong position to deliver future growth.”   Rob Quinn, Head of Hotels Portfolio, Bank of Ireland.

L-R = Rob Quinn, Head of Hotels Portfolio, Bank of Ireland; Carol Phelan, Group Finance Manager, Dalata Hotel Group plc; Maurice Healy, Director, Bank of Ireland.

Debt Capital Markets – Refinancing

The Finance Dublin Debt Capital Markets Refinancing Deal of the Year went to daa plc’s €400 million tender offer and new note issuance, undertaken through its wholly-owned financing vehicle daa finance plc.

[L-R] Regina Walsh, Associate Director, Bank of Ireland and Maurice Healy, Director, Bank of Ireland.

To read the full issue of Finance Dublin, Deals of the Year Awards 2017, Click Here