Next Generation Partners

Capital markets in Guernsey

Carey Olsen

Advising on the raising of both equity and debt, Carey Olsen supports clients seeking to list on TISE and assists Guernsey-based companies with LSE listings. The firm also offers advice on secondary and transactional fundraising, as well as regularly advising SPACs in relation to listings on the Main Market. Practice head Ben Morgan is noted for his funds specialism. Annette Alexander‘s practice encompasses the listing of investment funds, trading companies and bonds on TISE, as well as handling associated regulatory matters. Tony Lane is another key contact.

Responsables de la pratique:

Ben Morgan


Autres avocats clés:

Annette Alexander; Tony Lane


Les références

‘They provide an excellent service, are quick to respond to our requests and provide a very well thought out, reasonably priced service.’

‘They are pragmatic and help us navigate our way through numerous listing and de-listing processes across the portfolio, often at quite short notice.’

‘They are always very responsive and provide clear, well laid out advice.’

Principaux clients

Ikigai Ventures Limited


Andrada Mining Limited


Fintech Asia Ltd.


Principaux dossiers


  • Assisted Andrada Mining with reviewing all aspects of a transaction from a Guernsey perspective.
  • Advised Ikigai Ventures, a Guernsey-incorporated SPAC, on its admission to listing on the Main Market of the London Stock Exchange.
  • Advised Fintech Asia, a Guernsey-incorporated SPAC, on its admission to listing on the Main Market of the London Stock Exchange.

Mourant

Mourant advises clients on the full spectrum of capital markets mandates, including equity and debt fundraising, and stock exchange listings. The practice is also well versed in handling secondary fundraising, bonds issues and notes programmes. Leading the team is John Rochester, an equity capital markets specialist with public and private M&A experience. Darren Bacon regularly advises listed funds on transactional capital markets issues, while Frances Watson focuses on supporting listed funds with share issuances and other transactions. Helen Wyatt assists clients with capital raisings and IPOs.

Responsables de la pratique:

John Rochester


Autres avocats clés:

Darren Bacon; Frances Watson; Helen Wyatt


Les références

‘We find Mourant to be full service and very responsive for all offshore work at reasonable rates.’

‘Darren Bacon is our go-to contact for all transactional work. He is very knowledgeable and responsive.’

Principaux clients

3i Infrastructure plc


Baker Steel Resources Trust Limited


Big deal music


BMO Property Growth & Income Feeder Fund Limited


Capella UK Holdco 4 Limited


CC Private Debt Feeder Co Limited


CD&R Arawak X Luxco S.à. r.l.


Chenavari Capital Solutions Limited


Chenavari Toro Income Fund Limited


DP Aircraft I Limited


Elm Bidco, L.P.


Funding Circle SME Income Fund Limited


Gemfields Group Limited


Grit Real Estate Income Group Limited


Growthpoint Properties Limited


Guaranteed Investment Products 1 PCC Limited


Harbourvest Global Private Equity Limited


Investec W&I International PCC Limited


John Laing Environmental Assets Group Limited


LondonMetric Property Plc


Lloyds Bank International


Ravenscroft Investment Fund Offshore


Resolute Mining Limited


Sequoia Economic Infrastructure Income Fund


Telecom Credit Infrastructure DAC


Telecom Credit Infrastructure Designated Activity Company


Weiss Korea Opportunity Fund Limited


Principaux dossiers


  • Advised Aberdeen Standard Global Infrastructure GP III on its financing in relation to the development of terminal 6 at JFK Airport in New York.
  • Advised DP Aircraft I on the issue of an additional 30 million new shares.
  • Advised Sandstorm Gold on the sale of $300m of assets.

Collas Crill

Collas Crill receives instruction from both listed clients and those seeking debt or equity listings on TISE. Advising on the structuring of listed securities, public M&A and the migration of listed companies to Guernsey are all core areas of strength. Wayne Atkinson heads the firm's corporate team, with expertise advising investment funds on fundraising, transactions and regulatory requirements for listings. Simon Heggs is the firm's capital markets specialist, focusing on issues concerning public equity and debt, and assisting with listings on TISE and the LSE. Senior associate Ian Petherbridge joined the practice from Eversheds Sutherland South Africa’s Durban office in June 2022, bringing with him expertise in debt transactions.

Responsables de la pratique:

Wayne Atkinson


Autres avocats clés:

Simon Heggs; Ian Petherbridge


Les références

‘The team are experts in their field and provide clear concise user-friendly commercial advice. They are responsive and will address any question or specific issue that arises promptly and thoughtfully.’

‘Simon Heggs is my main contact and he is great to work with, I have no hesitation in reaching out to him.’

‘They are very responsive and very knowledgeable.’

Principaux clients

Corporation Financière Européenne S.A.


Shandong Gold Mining Co. Ltd


Immunocore Limited


Goodbody Health Limited


McClaren Property Group


UK Working Capital Group


Ferro-Alloy Resources Limited


Seed Innovations Limited


Fairtree Capital


Principaux dossiers


  • Instructed as Guernsey counsel to Corporation Financière Européenne on its £33m contested takeover of AIM-listed CIP Merchant Capital.
  • Advised Immunocore on the listing of its $50m Tranche A secured loan notes on TISE.
  • Advised Shandong Gold Mining on its aborted attempted acquisition of Shanta Gold, a Guernsey AIM-listed gold mining company.

Ogier

Ogier‘s capital markets practice advises clients on the gamut of debt and equity raisings, listings on TISE, and structuring issues affecting companies in the run-up to IPOs. Jointly leading the practice are listings specialist Byron Rees, investment vehicle specialist Tim Clipstone, and insurance specialist Richard Sharp, who returned to the team from Bedell Cristin in February 2023. Senior associate James Walsh also rejoined from the same firm in July 2022. Managing associate Michelle Watson Bunn advises on debt and equity transactions, while Diana Collas focuses primarily on listings.

Responsables de la pratique:

Byron Rees; Tim Clipstone; Richard Sharp


Autres avocats clés:

Michelle Watson Bunn; Diana Collas; James Walsh


Principaux clients

Disruptive Capital SPAC


CAT Financial Products AG


Walkers

Walkers strengthened its capital markets offering with the April 2022 arrival of practice head Craig Cordle, formerly of Ogier; his areas of expertise include M&A relating to private and listed companies, schemes of arrangement, and related regulatory issues. In addition to advising clients seeking listings on the LSE and TISE, the practice also assists clients with pre- and post-listing structural arrangements. Managing partner Matt Sanders is an M&A specialist, with additional expertise in structuring companies and funds.

Responsables de la pratique:

Craig Cordle


Autres avocats clés:

Matt Sanders


Les références

‘Good depth and range of skills in the team, which is equipped with London and local experience and has access to the widest range of offices across the international financial centres.’

‘Attention to detail; proactivity; practical/user-friendly approach.’

‘Craig Cordle takes a proactive and commercial approach, anticipating complexities and delivering solutions. His advice is clear, commercial and timely.’

Principaux clients

Tetragon


Equitix (Keys)


UK Commercial Property REIT


EEA Life Settlements


Strawberry Star


Equitix (MA21)


Principaux dossiers


  • Advised Tetragon Financial Group on its modified Dutch auction tender offer for up to 25m of its non-voting shares.
  • Advised EEA Life Settlements Fund PCC on its scheme of arrangement and rollover into a new LSE-listed vehicle.
  • Advised UK Commercial Property REIT on its shareholder vote to authorise its continuation as a £1.7bn collective investment scheme.