Convertible bonds were prominent among the 203 newly listed
securities on the Channel Islands Securities Exchange (CISE) during
the first half of 2015.
The number of new listings is up 14.7% on the same time last
year and takes the total number of listed securities on the CISE to
2226 at the end of June 2015.
Fiona Le Poidevin, Chief Executive Officer of the CISE, said:
"It has been a strong start to the year for the CISE and it is
especially encouraging that we have developed a new pipeline of
business in convertible bonds.
"Corporates are increasingly choosing to raise fresh
investment by issuing convertible bonds, which can later be
converted into equity, rather than diluting their share capital.
Many of these firms will have their trading companies listed on
another exchange, such as the London Main Market. However, they
will choose to list convertible bonds on the CISE due to the fact
that we have wide international recognitions whilst being
competitive on
