Intertrust in Jersey has become a Category 1 (specialist debt) listing member of The International Stock Exchange (TISE).
The firm's Jersey Capital Markets team will now provide a listing service through a newly incorporated company, Intertrust Securities (Jersey), which will be offered across Intertrust’s global network of 40 offices.
The majority of listings on TISE are for specialist debt securities, including high-yield bonds and eurobonds, and this will be Intertrust’s focus. There are more than 2,000 specialist debt securities listed on the exchange.
As a listing member, Intertrust will work with debt issuers and their legal advisers to complete and collate listing documentation for submission to TISE, and liaise on any feedback from the exchange. It will also ensure that the issuer complies with the obligations specified in the listing rules.
Fiona Le Poidevin (pictured), CEO of The International Stock Exchange Group, said: “I am delighted to welcome Intertrust Jersey as a member of TISE to list debt securities.
"The group’s ability promote this service offering through its network of offices and relationships globally has many synergies with both the trend we are seeing for an increasingly international client base and our own plans to raise the visibility of TISE in new markets.”