Date: 8/4/2020
Source: Incapital
Author: Incapital

Incapital Wins Structured Products Distributor of the Year
and Corporate Issuer of the Year
from the 2020 mtn-i Americas Awards

Firm's structured products and InterNotes® fixed income businesses receive recognition

BOCA RATON, FL, August 4, 2020 – Incapital LLC, a leading underwriter and distributor of fixed income securities and risk management investment solutions, today announced it was named 2020 Distributor of the Year and Corporate Issuer of the Year by the mtn-i Americas Structured Note Showcase & Awards.


This is the eighth time mtn-i has recognized Incapital as the Distributor of the Year.  This year, the firm also won Corporate Issuer of the Year for its Ford Retail Corporate Callable Note offering on its InterNotes® platform.


Distributor of the Year


In announcing Incapital as the Distributor of the Year, mtn-i stated: “Incapital took its Market-Linked Product sales to USD5.7bn by the end of 2019, a record-breaking achievement that has landed it a Distributor of the Year award. The growth story is evident across Incapital's business, which saw a 9% growth in overall note sales and more than a 70% expansion in its distribution of rates structures. Alongside this, Incapital also became a leading liquidity provider in the secondary market.”


Incapital’s Wealth Management Solutions’ nationwide team of over 60 professionals provides financial advisors with access to an expanding range of risk management solutions from across the Market-Linked Product marketplace; custom strategy insights; industry-leading education; and advisor business support from a team dedicated to excellence in wholesaling.


“We’re very proud to be named Distributor of the Year by mtn-i, ” said Hugh McHaffie, Managing Director and Head of Incapital’s Wealth Management Solutions division. “This award reflects our mission to be the premier distributor of risk management solutions supporting financial advisors in attaining their clients’ investment goals. It’s also a testament to our growing team’s tireless efforts to build a best-in-class platform with unparalleled financial advisor support, which is particularly important during challenging times.  I’d like to thank mtn-i for this recognition that reflects the strong ongoing support we received from all our partners.”


Corporate Issuer of the Year


Proclaiming Incapital’s InterNotes® for Ford Motor Credit as the Corporate Issuer of the Year, mtn-i focused  on the significant volume the issue accounted for among , "all SEC-registered retail-targeted corporate callables thanks to the reach of Incapital's InterNotes® program.” 


Designed to provide retail investors with the same access to corporate bonds as institutions, InterNotes® enable individuals to buy at par new issue corporate notes from well-established brands. InterNotes® give investors a variety of new-issue choices every week – allowing them to select by issuer, maturity, credit rating, coupon rate, and interest payment schedule.  Since 1999, Incapital has issued more than $175 billion in retail and medium-term notes (MTNs); the firm also offers secondary trading of corporate bonds from the financial services, healthcare, telecommunications, automotive, technology, and industrial sectors. In addition to providing solutions for income investors, the InterNotes® program is also used as a strategic funding tool for issuers to access new lines of capital that would not ordinarily be available.


Managing Director Laura Elliott, Co-Head of Fixed Income at Incapital, said: “We are delighted that one of our InterNotes® corporate bonds has been recognized as the Corporate Issuer of the Year.  As rates remain under pressure and the ever-prominent need for yield persists, we’re seeing increasing interest from advisors for individual bonds and more traditional bond strategies.  This recognition validates the strong momentum we’ve garnered around the InterNotes® platform. We look forward to fulfilling the spirit of these awards by consistently delivering excellence in everything we do at Incapital.”


Incapital’s Fixed Income division has been in growth mode over the past nine months, with the addition of 16 senior fixed income sales and trading professionals to expand operational efficiencies and provide clients access to a full suite of investment solutions.


Incapital’s Award Summary

To date, Incapital has won twenty mtn-i awards. The previous awards are:

  • Dealer of the Year (2018)

  • U.S. Structured Products Distributor of the Year (2008, 2010, 2011, 2012, 2014, 2016, 2019)

  • Editor’s Award (2010 – Education & Marketing, 2014 – Triple A Structured Note Initiative, 2017 – Brand and Distribution Leadership)

  • Landmark Deal (two in 2014)  

  • Investor Solutions (2008, 2014, 2019)

  • Deal of the Year (2015, 2017)

Mtn-i is a global news, data, analytics and communication platform that specializes in compiling data on below-radar debt markets covering Structured Notes, Private Placements, and MTNs.