04 January 2021

Carey Olsen dominates high yield bond market as it achieves TISE listings milestone

For the fifth year in a row, Carey Olsen Corporate Finance Limited, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) last year - acting in connection with nearly 60% of the high yield bonds listed on TISE in 2020.

In total, Carey Olsen Corporate Finance Limited acted as listing agent for more new issuers of debt securities than the next two listing agents combined and listed over 40% of all new securities on TISE during 2020.

Commenting on the latest set of annual statistics from TISE, Matthew Ecobichon, counsel in the firm's Jersey debt capital markets team, said the growth in market share of listings of high yield bonds was particularly pleasing.

"We are extremely proud of our market-leading position on The International Stock Exchange, having further improved on an impressive performance in 2019," said Matthew.

"Our dominant position, particularly in relation to the high yield bond market, reflects our detailed understanding of the underlying transactions to which the listings relate as well as our commitment to developing and maintaining strong relationships with issuers, instructing counsel and TISE."

Carey Olsen Corporate Finance Limited offers listing services from both the law firm's Jersey and Guernsey offices.