PNC's focus on the middle market sector is distinguished by a unique combination of credit and non-credit products and services that cater to the daily and long-term financial needs of middle market businesses.
Pittsburgh, PA (PRWEB) July 13, 2006
The PNC Financial Services Group, Inc. (NYSE: PNC) was honored as a double winner at The Inaugural Middle Market Financing Awards program on June 20, picking up two of the most prestigious awards: Middle Market Financing Principal of the Year and Middle Market Financing Deal Of The Year (Debt).
PNC was selected from among 73 finalists in 13 different categories. The awards, sponsored by The M&A Advisor magazine, are formal recognition of companies and individuals that have, through outstanding work and innovation, made significant contributions to the middle market financing industry in 2005 and 2006.
"These awards reinforce PNC's commitment to be the premier provider of financial services to middle market businesses," said Peter Classen, head of PNC's corporate banking. "PNC's focus on the middle market sector is distinguished by a unique combination of credit and non-credit products and services that cater to the daily and long-term financial needs of middle market businesses."
This is the inaugural year for the Middle Market Financing Awards presented during a recognition dinner at the annual M&A Conference in Chicago.
PNC was a finalist in four additional categories, including Financial Professional of the Year, Manufacturing Transaction Award, Consumer Transaction Award and Retail & Distribution Transaction Award.
Loans are provided by PNC Bank, National Association, a member of The PNC Financial Services Group, Inc.
The PNC Financial Services Group, Inc. (http://www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.