Essar Energy, BHP Billiton and Thomas Cook triumph in prestigious treasury awards

The Association of Corporate Treasurers (ACT) today declared Essar Energy overall winner of the prestigious Deals of the Year Awards 2010.

• Essar Energy has won the Overall Deal of the Year Award for its landmark $1.96bn primary offering (IPO) in May 2010
• BHP Billiton won the Large Cap Treasury Team of the Year (market cap over £2bn)
• Thomas Cook was awarded the Mid Cap Treasury Team of the Year (market cap under £2bn)

Stuart Siddall, Chief Executive of the ACT, said:

 The hard work and dedication shown by all our winners is to be applauded. There is a lot going on in the treasury space and whilst this has been a better year than many predicted, the challenging financial context in which these awards have been achieved only serves to underline their high level of professionalism. Congratulations to all our winners on their outstanding achievements. Stuart Siddall, Chief Executive

Diana Brightmore-Armour CEO Corporate Banking and Co-Head Corporate Markets, Lloyds Banking Group said:

 We are delighted to once again support these prestigious ACT Deals of the Year Awards, which recognise the fantastic work of treasurers and their banking partners in these challenging times. Each of the Treasury teams being honoured has exhibited exceptional skill and credibility. We salute them for their success and congratulate all the winners and runners up. Diana Brightmore-Armour CEO Corporate Banking and Co-Head Corporate Markets, Lloyds Banking Group

The Deals of the Year Awards are organised by the ACT's The Treasurer magazine and are supported by Lloyds Bank Corporate Markets. They are the only treasury awards where the winners are judged by fellow practitioners. Winners were announced at an awards ceremony dinner held at One Whitehall Place, London today Thursday 10 February 2011 attended by treasurers and finance directors from leading UK and continental European companies.

The full list of winners:

• Deals of the Year – overall winner: Essar Energy
• Bonds: Merck
• Corporate Finance: Essar Energy
• Liability Management: OHL
• Loans – continental European corporates (deal size over £750m): Heidelberg Cement
• Loans – UK corporates (deal size over £750m): Babcock International
• Loans – UK and continental European (deal size under £750m): Telecity
• Large Cap Treasury Team of the Year (market cap over £2bn): BHP Billiton
• Mid Cap Treasury Team of the Year (market cap under £2bn): Thomas Cook

The full list of winners can be viewed at www.treasurers.org/awards/2010