NEW YORK, NY and MIAMI, FL--(Marketwired - Jul 20, 2016) - Mexican cement maker Cemex has been named Corporate with the Overall Best Capital Markets Strategy by LatinFinance in the publication's 2016 Best Corporates in the Capital Markets Awards. The award recognizes the leading issuers from Latin America and the Caribbean in the capital markets between April 1, 2015 and March 31, 2016. For the second year in a row, Cemex won a total of three awards, winning praise for its consistency and creativity in reducing its debt costs and increasing the company's cash flow.
Cemex also won the Best Bond Market Strategy: High Yield and Best Capital Markets Strategy: Mexico categories. These awards recognize the leading high yield issuer for its activity in the debt capital markets and the leading issuer for activity in Mexico's capital markets.
"Cemex again stood out and demonstrated its commitment to reducing leverage with innovative approaches," said LatinFinance Editor-in-Chief Katie Llanos-Small.
Mexico's Axtel won the award for Best Loan Market Strategy, which recognizes the institution that has performed most impressively in the loan markets. America Movil, Latin America's largest telecommunications operator, won the award for Best Bond Market Strategy Latin America High Grade, an award that recognizes the top performance in the capital markets by investment-grade bond issuers.
Other winners in LatinFinance's Best Corporates in the Capital Markets 2016 Awards include Brazilian pulp and paper producer Fibria, Brazilian processed-food maker BRF and Chilean shopping center developer and operator Parque Arauco. See the full list below.
LatinFinance Best Corporates in the Capital Markets winners:
The LatinFinance Best Corporates in the Capital Markets Awards acknowledge the most impressive issuers across Latin America and the Caribbean between April 1, 2015 and March 31, 2016. Please click through for full details on the winner in each category.
Overall Best Corporate Capital Markets Strategy -- Cemex
Best Bond Market Strategy: High Yield -- Cemex
Best Capital Markets Strategy: Mexico -- Cemex
Best Capital Markets Strategy: Brazil -- Fibria
Best Capital Markets Strategy: Central America & the Caribbean -- AES MCAC
Best Capital Markets Strategy: Andes -- Parque Arauco
Best Loan Market Strategy -- Axtel
Best Bond Market Strategy: High Grade -- America Movil
Best Equity Markets Strategy -- Grupo Alfa
Best Regional M&A Strategy -- Grupo Argos
Best Ex-Regional M&A Strategy -- BRF
Notes for editors:
LatinFinance's Best Corporates in the Capital Markets Awards are Latin America's most prestigious and rigorously judged awards for excellence in utilizing debt, equity and M&A markets.
The awards are selected by the LatinFinance editorial team. The selection process takes into account the market significance or strategic importance of respective issuers' deals as well as how these transactions were structured, received and executed. Volume and diversity of transactions, innovation and approach to market timing and examination of financial data also went toward determining the winning institutions. For more information on the awards, click here.
LatinFinance is the leading source of intelligence on the financial markets and economies of Latin America and the Caribbean.
As the volume of information on the region grows, our role of cutting through the clutter to identify events of immediate significance and lasting importance to Latin America and the Caribbean becomes ever more vital. LatinFinance is the essential provider of news and analysis that cannot be found anywhere else.
Published from New York and Miami, with a network of correspondents across Latin America and the Caribbean, LatinFinance has covered banking and capital markets in the region for more than two decades. It is the authoritative source on debt, equity, structured finance, syndicated loans, private equity and M&A, as well as multilateral financing, people moves and secondary trading. For more information please visit www.latinfinance.com.