Maples Group again Top Listing Agent on Cayman Islands Stock Exchange
Maples and Calder, the Maples Group’s law firm, is pleased to announce that it is once again the number one listing agent on the Cayman Islands Stock Exchange (the “CSX”) having advised on 49% of all CSX listings in 2022, which was notably 28% higher than the next listing agent.
The CSX listed 402 new securities in 2022 making it the fourth best year for new listings since the CSX’s inception in 1996. At the end of 2022, the total number of listings on the CSX was 2,750, amounting to a market capitalisation of US$807 billion. The CSX also continued to reinforce its position as a leader for CLOs with a recorded total of 146 CLO securities listed on the CSX last year, comprising a significant percentage of US launches, refinancing and resets in the market.
In 2022, the firm’s Cayman Islands listing team advised on nearly 200 listings, including approximately 42% of CLOs listed on the CSX for the year.
Commenting on the recently published results, Scott Macdonald, Partner and global head of Finance said, “We are thrilled to once again be the number one listing agent on the CSX. Our continued success would not be possible without the talented members of our global listings team and their dedication to providing unparalleled service to our clients.”
The Group’s global listings team is an acknowledged leader in listing services with specialist teams based in its Cayman Islands, Ireland, Hong Kong, Jersey, London and Luxembourg offices.
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.