{{ languageVal }}
  • English
 

Deals

Maples Advises Taylor Maritime Investments Limited on its LSE Listing

06 Jul 2021

请点击此处阅读简体版本
請點擊此處閱讀簡體版本

Maples and Calder, the Maples Group's law firm, is pleased to announce that its Asia Shipping practice acted as Republic of the Marshall Islands counsel to Taylor Maritime Investments Limited ("TMI") in relation to its recent initial public offering ("IPO") on the London Stock Exchange, certain seed asset vessel acquisitions and vessel financing. Notably, this is the first shipping IPO on the London Stock Exchange for a number of years and the offering, which closed on 27 May 2021, was over-subscribed, raised US$160 million and issued approximately 93 million shares in connection with the acquisitions. TMI's market capitalisation on admission was US$253 million. 

A team based in the Maples Group's law firm in Hong Kong acted as Republic of the Marshall Islands counsel to TMI and was led by Asia head of Shipping and Partner, Jonathan Silver with assistance from Paralegal, Edwin Lo. 

Commenting on the transaction, Jonathan said, "We were delighted to advise Taylor Maritime on the Republic of the Marshall Islands legal aspects of this new shipping-focused listing on the London Stock Exchange. The complexity of the transaction is a testament to our in-depth knowledge and experience in this sector. Our London office regularly support the listing of BVI, Cayman Islands and Jersey companies on London Stock Exchange and other major exchanges."

Norton Rose Fulbright acted as English (and lead) counsel to TMI.

Related Services

Corporate

Advising on the laws of the BVI, the Cayman Islands, Ireland, Jersey and Luxembourg, our global corporate team provides expert legal advice to corporate clients on all corporate commercial matters.  Our clients include major banks, multinationals and institutional investment firms, leading law and accountancy firms and a number of state / government entities across all industry sectors. 

Equity Capital Markets

Our global corporate equity capital markets (ECM) team provides expert ECM legal advice on listings and IPOs of BVI, Cayman Islands, Irish, Jersey and Luxembourg companies on all of the major international stock exchanges.  Working with international counsel, we also advise issuers, underwriters, sponsors, lead managers and shareholders on secondary and depository issues. 

Shipping

Advising on the laws of the BVI, the Cayman Islands, Ireland, Jersey, Luxembourg and the Marshall Islands, our global Shipping Finance team provides expert legal advice on a wide range of shipping-related matters to financiers, vessel owners, brokers and management companies. 

We also assist with all applications to the CISR, MIR and VISR shipping registries including the registration of mortgages, transfers of ownership or the registration of any type of vessel.