Listed Bonds: Perfectly tailored – the bond that fits you

At a glance

Listed bonds allow a company to raise significant funds without diluting equity value. They offer liquidity and protection to investors. Their flexibility allows the security to be tailored by the issuing company. At Memery Crystal we have the expertise to guide you through the process.

Your team

Matthew LindsayPartner, Head of Banking & Finance

Contact Matthew

Close

Contact Matthew Lindsay

    Please complete all fields

    • ?

      I will use your email address to contact you in reference to your message. We will not pass this on to any 3rd parties, in accordance with our terms.

    View team

    In detail

    Listed bonds offer flexibility: they can be listed on the international capital market of your choice, to tempt a wide investor base. Retail and institutional investors alike are attracted to listed bonds because they offer liquidity, structured protection and higher levels of disclosure than other forms of alternative finance.

    Companies seeking funds like them because they’re a cost-effective way to raise significant amounts with lower interest rates, they’re convertible, can be secured or unsecured.

    We make listed bonds work by bringing together fund-seeking companies, advisors, banks and investors. We work with trusted advisors to create a listed bond that’s practical, flexible and appealing to all parties. The two main pitfalls with listed bonds are multiple stakeholders with differing demands and ensuring that the company retains control.  We’re prepared for those issues and will advise on how to reduce the risks.

    We usually advise on listed bond issues in the £100 – £200 million range.

    Recent matters

    • Advising Petra Diamonds Limited on the issue of a $300 million high yield bond.
    • Advising Gulf Keystone Petroleum Limited on its move from AIM to the standard segment of the Main Market, together with separate US$275 and US$250 million convertible bond issue and listing on the Luxembourg Stock.

    What we're thinking...

    taxonomy="practice" taxonomy_terms="listed-bonds" taxonomy_operator="IN"

    What to do next

    Contact our expert

    Matthew LindsayPartner, Head of Banking & Finance

    Contact Matthew