Lexstone Lawyers, through LCFL, is delighted to announce that it can now offer its services as a TISE listing sponsor and a cost-effective and highly efficient TISE listing service for its clients.
Lexstone Lawyers, operating under LCFL, brings a wealth of experience in listing and debt structuring. Our lawyers have advised over 100 entities on their admittance to the Official List, offering a fresh and reliable alternative for those seeking to list on TISE.

 BY PETER BERTRAM OF LEXSTONE LAWYERS

Solar panels are making news. They offer the prospect of clean renewable energy which is hugely desirable not least when steps are taken to mitigate their visual impact upon the environment. But are there any downsides or is it all sunshine?

Jersey has experienced an increase in the number of migrations to the Island of issuers in collateralised loan obligation (”CLO”) transactions, with many structured so that outstanding notes are reset at the same time as the continuance-in takes effect.

A number of these same CLO issuers refinance the notes that were issued at the time of their migration.

As these structures often require the issue of a new consent, the Jersey Financial Services Commission (the ”Commission”) has issued a new checklist (the ”CLO Checklist”), which should greatly assist with streamlining all future CLO refinancing transaction applications.