Maples Group Number 1 Listing Agent on Cayman Islands Stock Exchange

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Maples Group Number 1 Listing Agent on Cayman Islands Stock Exchange
Scott Macdonald (SOM)


Maples and Calder, the Maples Group's law firm,
is pleased to announce that it has retained its position as the
number one listing agent on the Cayman Islands Stock Exchange (the
"CSX") having advised on 47% of all CSX’s listings in
2019.


The Group’s global listings team is an
acknowledged leader in listing services with specialist teams based
in its Dublin, Cayman Islands, Hong Kong, Jersey and London offices.


The Cayman Islands team impressively listed
62% of all BSL / MM CLOs listed on the CSX in 2019. The
team, led by global head of finance Scott Macdonald, also advised on
the first dual listing, with a Cayman Islands CLO issuer and a
Delaware co-issuer listing three classes of notes on the CSX and
three classes of notes on Euronext Dublin.


Commenting on the recently published results,
Scott Macdonald said: "We are incredibly proud to be the number
one listing agent on the CSX in 2019. We advised on a number of new
and novel structures over the past twelve months and these statistics
further cement our position as the market leading listing agent in
the Cayman Islands."


He continued: "The Maples Group's unique
ability to offer CSX listing services from multiple international
locations offers clients a broad range of options suitable to their
businesses in time zones convenient to them and this achievement
would simply not have been possible if it were not for the very
talented and committed lawyers and professionals on our global
listings team and we look forward to another strong year in 2020."


There were 605 listings on the CSX in 2019 with
the listing of specialist debt securities remaining the largest
proportion of new listings, including CLO issuers, aircraft ABS and
synthetic securitisations with the listing of PPNs remaining strong.
A total of 54 CLO issuers listed on the CSX, comprising BSL / MM new
issuances, refinancing and resets. This growth in new business
reflects the CSX's ability to provide a proportionate regulatory
environment for the streamlined and cost efficient listing of a wide
range of securities for a variety of issuers and jurisdictions.

Find out more
about the Maples Group's Listing Services team here:
https://maples.com/en/Services/Specialty-Services/Listing-Services


About The Maples Group


The Maples Group is a leading service provider
offering clients a comprehensive range of legal services on the laws
of the British Virgin Islands, the Cayman Islands, Ireland, Jersey
and Luxembourg and is an independent provider of fiduciary, fund
services, regulatory and compliance, and entity formation and
management services. The Maples Group distinguishes itself with a
client-focused approach, providing solutions tailored to their
specific needs. Its global network of lawyers and industry
professionals are strategically located in the Americas, Europe, Asia
and the Middle East to ensure that clients gain immediate access to
expert advice and bespoke support, within convenient time zones. For
more information, please visit: maples.com.

Published February 11, 2020

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