CHICAGO and BOCA RATON, Fla., May 6, 2014 (GLOBE NEWSWIRE) -- Incapital's Structured Investments team received two top honors at the mtn-i Americas Awards, including an award for Landmark Deal for a new hybrid note that the firm launched with Morgan Stanley. Incapital was also honored for the firm's innovation in the development of a new tool to help individual investors.
Incapital was recognized with a Landmark Deal award for its work with Morgan Stanley in the development and distribution of a new series of hybrid notes that provided additional return potential for investors. The firm's creativity in designing a new tool to help investors track quarterly payouts also earned Incapital a coveted Investor Solutions award.
"It is always nice to be recognized for great work by your peers," said Glenn Lotenberg, Managing Director at Incapital. "There is a growing recognition about our Structured Investment team's relentless commitment to deliver the consistent, firm-wide execution that Incapital is known for."
Incapital also played a central role in the design and development of new offerings from SunTrust Bank and IFC that also were honored during the mtn-i America Awards.
IFC, a member of the World Bank Group, was honored with an Editor's Award for its successful introduction of "Impact Notes." Incapital's Capital Market team worked closely with IFC in the development of a new program that for the first time enables individual investors to access the organization's AAA-rated bonds and support private sector development in emerging markets.
SunTrust Bank and SunTrust Robinson Humphrey were also honored with a Landmark Deal award for their successful launch of a new series of Floating Rate Notes. Incapital distributed the majority of SunTrust's landmark, new FRN offering. The deal ranked as the only one of its size not from a Wall Street firm or leading international issuer.
"Incapital's innovation and creativity were on full display throughout 2013," said Deryk Rhodes, Executive Director of Structured Investments Trading at Incapital. "Our team rose to the challenge of developing new products that married issuers' need for efficient funding with investors' risk appetite and desire to enhance yield."
Working with over 50 issuers across nine asset classes, Incapital last year distributed more than $20 billion in fixed income and structured notes to a network of more than 400 broker-dealers, wealth managers and institutions.
The annual Americas Awards are presented by mtn-i, a news provider covering the US$3.5tn global medium-term and structured note market. In addition to this year's awards, mtn-i has recognized Incapital as North American Distributor of the Year in three of the past six years and also recognized the firm's educational resources and the support provided for financial professionals through Incapital's StructuredInvestments.com website.
About Incapital
Based in Boca Raton and Chicago, Incapital has established itself as one of the leading underwriters and distributors of a wide range of securities and investment products to broker-dealers, asset managers and institutional investors. Incapital originates and distributes offerings across multiple asset classes including fixed income, equity and equity hybrid securities.
Incapital LLC, 200 South Wacker Dr. Suite 3700 Chicago, IL 60606. Phone: 312.379.3700. 1800 North Military Trail Suite 400 Boca Raton, FL 33431 Phone: 561.361.1100
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