Ogier's Jersey listings team is continuing to see strong flows of private equity and intercompany group-related debt listings as TISE announces a general increase in listings for the first six months of 2018.
Peter Longstaffe, counsel in the Banking and Finance team in Jersey, says that the listing team continues to be busy with PE and intercompany group-related debt listing work – and that the team is also active in other growth areas for the exchange including a great deal of High Yield Bonds.
Ogier is one of the leading listings agents in relation to TISE, having been a founder member of the exchange when it launched 20 years ago.
TISE has announced figures building on a successful 40% growth in listings in 2017 – they say that in the first six months of 2018, 338 new securities were listed (more than in the first half of 2017) and four new listing members were approved in the same period.
Peter said: "We are seeing consistently high demand for private equity-related debt listings, relating to a whole range of underlying investments and sectors.
"There is a growing interest in REITs listings, but the key driver remains the Quoted Eurobond Exemption for the volume of listings under TISE's specialist debt listing regime."
Ogier offers listings services on the TISE through its Jersey and Guernsey offices and acts as a listing agent/sponsor in relation to the listings of debt securities, investment funds, trading company shares and other securities on the Exchange.