HBL Investment Banking
HBL offers full-service investment banking capabilities to its clients. This year alone, HBL has closed over thirty transactions with a collective worth of over USD 2 billion. This is a testament to the out of box thinking and the innovative products we bring to our customers.
The investment banking Group functions in three specialist business areas. Project Finance, Debt Capital Markets, and Syndication and Equity Capital Markets and Advisory. An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client’s agent in the issuance of securities.
An investment bank may also assist companies involved in union and addition and provide additional services such as market making, trading of derivatives and equity securities, and FICC services (fixed income instruments, currencies, and commodities).
The bulk of HBL’s project finance practice revolves around the power sector. Prior to the power policy of 2002, HBL actively begins Project Finance in Pakistan through the funding of a gas-fired cogeneration plant (94 Migrate of power and destination of 3 million gallons per day). Following to the 2002 power policy, HBL continues to play a fervent role in the sector and is the only Investment Bank that was the Lead Advisor to all IPP transactions that achieved financial close. In the fertilizer sector, HBL financed the largest local currency financing in Pakistan, worth PKR 23 billion, as well as a greenfield venture in the telecom sector worth PKR 12 billion.
Debit capital market
Depending on the requirements of its customers, HBL offers a variety of products, including unions, securitizations, privately placed and listed TFCs, term finance facilities, commercial papers, etc. HBL played the lead role in a number of significant debt transactions, including PKR 15.14 billion TFC issue (the largest privately placed issue in Pakistan), the first bond offering for any microfinance institution in all of Asia, credit improvement for a rapidly growing company in the consumer stable sector and numerous tier-2 capital transactions for commercial banks.
Equity and advisory
HBL offers a breadth of equity and advisory products including innovative capital raising techniques, restructurings, public and private equity placements, and union & stability. The HBL team played a pivotal role across several sectors, including energy, agriculture, consumer products, fertilizers, etc., for raising various forms of equity and quasi-equity. Recently, HBL structured a convertible debt note with a built-in Put feature for a US-based provider of agriculture technology and dairy solutions a first-of-its-kind transaction in Pakistan. HBL also provides a valuation for a company in the food and beverages sector.