Debt Listing

Dillon Eustace offers market-leading expertise and a unique track record in listing services. We were the first Irish law firm to become authorised as an Irish Stock Exchange (ISE) listing agent in 2001.

Our experienced Listing team advises issuers on the listing rules and procedures for the Main Securities Market (MSM) and Global Exchange Market (GEM) of the ISE/Euronext Dublin. We are also authorised as a listing agent on the Cayman Islands Stock Exchange (CSX).

Our services include advising and providing policy guidance to clients on the regulatory and legal requirements relating to listed issuers, covering key areas such as market abuse, transparency, audit and prospectus directives.

Our experience covers the full range of corporate structures and transactions – from high yield bond issuances to corporate debt issuances, securitisations and retail secured note programmes.

The Listing team works closely with our Banking and Finance team to provide a streamlined and proactive legal and listing service.

Representative experience includes acting for:

  • Kinnerton Opportunistic Credits DAC – acted as Listing Agent on a number of delayed draw note issuances that listed on the Main Securities Market and the Global Exchange Market of the ISE.
  • Bracken Midco1 Plc – acted as Listing Agent for the listing of a GBP 220m 10 ½ / 11 ¼ % Snr PIK Toggle Notes due 2021 on the Global Exchange Market in connection with a corporate reorganisation of Bracken’s subsidiary, Together Financial Services Limited (formerly Jerrold Holdings Limited), a specialist UK mortgage loan provider. In 2017 we acted for Jerrold FinCo Plc, an indirect subsidiary of Together Financial Services Limited, in a tender offer for existing listed Notes listing a further GBP 375mn 6 ¼% Snr Secured Notes due 2021 on the Global Exchange Market.
  • H.J. Heinz Company – we represented H.J. Heinz Company in relation to the listing of €750m 2% Snr Notes due 2023 and STG400m 4.125% Snr Notes due 2027, guaranteed by H.J. Heinz Holding Corporation, in connection with the Kraft and Heinz merger, on the Global Exchange Market. Following the merger, we acted for Kraft Heinz Foods Company, one of the largest food and beverage companies in the world, in relation to the listing of a further €550m 1.5% Snr Notes due 2024 and €1.250m 2.25% Snr Notes due 2028.
  • Cott Corporation – acted as Listing Agent for Cott Corporation in relation to the listing of Eur 450m 5.50% Senior Notes due 2024 on the Global Exchange Market. Cott Corporation is one of the world’s largest producers of beverages on behalf of retailers, brand owners and distributors and is publicly-listed on both the New York and Toronto Stock Exchanges.
  • Naviera Armas, S.A. – acted as Listing Agent for Naveira Armas S.A. in relation to the listing of €232m Floating Rate Senior Secured Notes due 2023 on the Global Exchange Market. Naviera Armas, S.A. is the leading ferry operator for passenger and freight transportation services in the Canary Islands.