Healys Announces Its First Successful Bond Listing, Following The Expansion Of Its Corporate Team

21st January 2019 by

Healys LLP is happy to announce that following on from the addition of the Debt Capital Markets team last year, it has received formal confirmation of its first bond listing on the Cyprus Stock Exchange.

As an EU regulated market, the main market of the Cyprus Stock Exchange satisfies the underlying investment criteria of many investors, and is attractive to UCITS and pension funds. With a reputation as an entrepreneurial market, the Cyprus Stock Exchange has several benefits over other primary EU debt markets, and plays a pivotal role as a global financial centre.

Andrew Williamson, Head of Corporate, commented: “We are pleased to announce our first bond listing on the Cyprus Stock Exchange and to confirm that we also act for 3 other listed bonds. By creating a model that enables an SPV to raise funds for a subsidiary company providing bridging finance to their respective clients on a secured basis, Healys has created an original and innovative financial product. Our client is one of the only companies, other than the national banks, to have debt listed on the Cyprus Stock Exchange main market, and we look forward to future expansion within this service area.”

Senior Partner Marios Pattihis says: “I am proud to see the team’s hard work pay off.  We have invested time and resources over the past 18 months in expanding the corporate team both in London and Brighton. Our focus has always been on offering our clients the best service possible and this listing is not only a milestone for the Corporate team but also a milestone for the firm overall.”

The Corporate team has now been acting for clients in regard to debt capital issuances in international capital markets, and acting for investment banks and issuers in a broad range of debt and equity offerings and on a number of stock exchanges. The team has particular expertise in working with issuers on the creation of stand-alone bonds, high-yield bonds and MTN programmes including listing, continuing obligations and securitisation.