ARTICLE
1 October 2019

Cayman Islands Listings Update – September 2019

MG
Maples Group

Contributor

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.
During the first half of 2019, approximately 26 CLOs comprising new issuances, refinancings and resets, were listed on the Cayman Islands Stock Exchange ("CSX").
Cayman Islands Finance and Banking
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During the first half of 2019, approximately 26 CLOs comprising new issuances, refinancings and resets, were listed on the Cayman Islands Stock Exchange ("CSX"). Of these listings, 25, or 96%, were by Cayman Islands issuers with a Delaware co-issuer. Our Cayman Islands office listed 62% of all the CSX-listed CLOs and 64% of all Cayman Islands issuers listed on the CSX.

The second half of 2019 is also shaping up for a strong performance with respect to CSX listings, with approximately 13 new issuances, refinancings and resets already listed or in the pipeline to be listed of which we are aware.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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