Maples Group is Top Listing Agent on Cayman Islands Stock Exchange
Maples and Calder, the Maples Group’s law firm, is pleased to announce that it has maintained its position as the number one listing agent on the Cayman Islands Stock Exchange (the “CSX”) having advised on 53% of all CSX listings in 2021.
2021 was a groundbreaking year for listings with the CSX reporting a 76% increase in admissions on the previous year. This growth in new business reflects the CSX’s ability to provide a platform for cost-efficient listings for a wide range of securities, issuers and jurisdictions. These figures also reinforce the CSX’s position as a leading platform for CLOs with a recorded total of 520 CLO issuers listed comprising BSL / MM new issuances, refinancing and resets.
In 2021, the number of listings the firm’s Cayman Islands listings team managed was on a par with 2020 and impressively the team listed 69 BSL / MM CLOs listed on the CSX. This included the firm’s role in advising on a first-of-its-kind dual listing on the specialist fund segment of the London Stock Exchange and the CSX.
Commenting on the recently published results, Scott Macdonald, Partner and global head of Finance said, “We are delighted to maintain our position as the number one listing agent on the CSX. Our global listings team advised on a number of new and novel structures / listings over the past year and these results further demonstrate our market-leading position as the leading listing agent for the Cayman Islands.”
The Group’s global listings team is an acknowledged leader in listing services with specialist teams based in its Cayman Islands, Dublin, 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.