Ogier's Jersey listings team says it continues to see strong flows of private equity and intercompany group-related debt listings, as The International Stock Exchange (TISE) announces a general increase in listings for the first six months of 2018.
Peter Longstaffe (pictured), Counsel within Ogier's Banking and Finance team in Jersey, says the listing team is also active in other growth areas for the exchange, including high-yield bonds.
Ogier was a founder member of TISE when it launched 20 years ago as CISE, the Channel Islands Stock Exchange.
TISE has announced figures that build on a 40 per cent growth in listings in 2017. According to the exchange, 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.
Longstaffe commented: "We are seeing consistently high demand for private equity-related debt listings, relating to a whole range of underlying investments and sectors. There's 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."