Carey Olsen in the Cayman Islands has successfully advised on the first ever listing of retail debt on the Cayman Islands Stock Exchange (CSX).

Led by partner Nick Bullmore and supported by Associate Alistair Russell, Carey Olsen acted both as legal counsel and as listing agent to Cyprotex PLC, an AIM-listed company, in connection with the listing of their fixed rate redeemable and convertible loan notes.

“Carey Olsen is already a go-to firm for institutional debt listings on both the CSX and the Channel Islands Securities Exchange. We are now able to share our knowledge and experience of retail debt listings with our clients and their onshore counsel,” said Nick Bullmore, partner at Carey Olsen.

Valia Theodoraki, Chief Executive Officer of the CSX said: “We are pleased to welcome Cyprotex as our first-ever retail debt listing on the Exchange. As an emerging research and life sciences company, they are a great example of the type of organization that can benefit from our retail debt offering. We congratulate them and Carey Olsen on this important corporate milestone.”

About Carey Olsen

Carey Olsen is a market leading offshore law firm. We deliver exceptional services to our clients from the key offshore financial centres of the British Virgin Islands, Cayman Islands, Guernsey and Jersey. We also have an established presence in Cape Town and the City of London.

We are consistently the firm of choice for our clients and for advisers who refer work to our jurisdictions. Our firm offers a partner-led service. We employ 300 people and our 42 partners head up a total complement of 185 fee earners.

We provide legal services in relation to all areas of corporate and finance law, investment funds and dispute resolution as well as to private clients.

We work with an extensive range of clients including directors, global financial institutions, investment funds, private equity houses, corporations, trustees, governments and private individuals including entrepreneurs.

We also routinely work with leading legal advisers elsewhere on international transactions and cases involving our jurisdictions.

We have been awarded a number of industry accolades including Offshore Firm of the Year 2014 by the Lawyer Magazine.

For further information about Carey Olsen visit www.careyolsen.com or email [email protected]