Maples Group Assists MJX Asset Management on First New-Issue CLO of 2017 Maples Group Assists MJX Asset Management on First New-Issue CLO of 2017
16 Mar 2017
In addition to providing Cayman Islands legal advice to the issuer and MJX, and listing services in Ireland, Maples and Calder also advised on the risk retention structure for the deal, which saw the Collateral Manager retain a 5% vertical strip in the issue in order to comply with risk retention requirements in both the US and Europe. Maples Fiduciary in the Cayman Islands provides fiduciary services to the issuer.
The Maples and Calder team was led by Partner Scott Macdonald and Associate James Reeve, while the Maples Fiduciary team was led by Senior Vice Presidents Andrew Dean and Cleveland Stewart.
Mark Matthews, global head of Maples and Calder's Finance practice, commented: "We are pleased to have assisted our client with the first CLO to get out the door in 2017 and we look forward to continuing to work with MJX. This transaction exemplifies the Maples group's comprehensive CLO offering, where we provide global legal, listing and fiduciary services for all aspects of a CLO manager's business."
Thank you!Thank you for your enquiry. Someone will respond to you shortly.
The Maples Group is pleased to announce the opening of its newest office, located in Shanghai, China.Read more
14 Mar 2019
James Kinsley, a finance partner in the Maples Group's legal services team, has recently relocated to the Singapore office, further strengthening its service offering in Asia.Read more
27 Feb 2019
The Maples Group has appointed Pamela Sen-Gupta as a Senior Vice President within the fiduciary services business in the Cayman Islands.Read more
25 Feb 2019
Chambers has released its 2019 Global guide to the world's leading law firms and the Maples Group has secured top spots for ten practice groups across six locations. Maples Group continues to achieve high rankings in both the individual lawyer and practice group categories, with 64 lawyers recommended in this edition.
15 Feb 2019
The Maples Group is pleased to announce the recruitment of Hugo Lodge as a partner in its Regulatory & Compliance legal practice.Read more
12 Feb 2019
With effect from 28 January 2019, Maples and Calder and MaplesFS which comprises Maples Fiduciary and Maples Fund Services, have consolidated their offerings under a single brand, now called the Maples Group, bringing together their internationally recognised offerings.Read more
28 Jan 2019