The International Stock Exchange: Debt listings

The International Stock Exchange provides a listing venue for a wide range of debt securities, including Quoted Eurobonds, loan notes, promissory notes, convertible bonds, high-yield bonds, and more. 

A debt listing on The International Stock Exchange (TISE) offers issuers access to a recognised, credible and reputable marketplace, the ability to meet investor expectations or regulatory requirements, the benefit of a flexible and efficient listing process and competitive fees.

TISE  –  the smart solution for debt listings  

TISE stands out due to:

• competitive pricing: Offering a cost-effective fixed fee structure (see www.tisegroup.com for current fees)
• rapid turnaround: Initial application responses within three business days; subsequent reviews within one business day
• flexible approach: Willingness to consider a wide range of transaction types and a pragmatic, investor-focused approach with minimal disclosure requirements
• efficient process: Straightforward listing process carried out with the support of a dedicated listing agent
• strategic location: Operating in the European time zone but outside the EU, TISE is not directly subject to EU regulations, including the Market Abuse Regulation and Prospectus Regulation. This provides a more streamlined, flexible, and pragmatic regulatory environment, reducing compliance burdens and administrative complexity
• international recognition: Recognised by regulators including HMRC (allowing qualifying listed debt securities to benefit from the Quoted Eurobond Exemption), SEC, BaFin, IOSCO, WFE, and more providing enhanced credibility and appeal to global investors

How Ogier can help 

As your listing agent, Ogier Corporate Finance Limited (OCFL) makes the listing process as smooth and straightforward as possible. We provide an exceptional client experience underpinned by: 

• extensive experience: More than 25 years of market leadership as a founder member of TISE listing thousands of debt securities
• expert team: Our listings team includes former TISE listing and technical managers, giving our clients access to up-to-date insight and strong working relationships with TISEA. OCFL is also an active participant in TISEA’s rules committee, continually refining the listing environment
• full service offering: We handle the entire application process and provide ongoing post-listing advice, ensuring continuous compliance and peace of mind
• client-focused: Our services are tailored to be efficient, cost-effective, and responsive to your needs

The listing process

1. Initial application: We prepare and file the listing application with TISEA and can expect feedback within three business days
2. Final application: We work with the issuer to respond to any feedback, finalise the documentation and submit the final listing application
3. Ongoing obligations: Once listed, issuers must comply with the continuing obligations set out in TISE’s Listing Rules.  OCFL provides clear guidance and ongoing support for listed issuers.

Our dedicated Listing Services team is ready to talk you through the process, answer questions, and provide a competitive fee quote tailored to your requirements. 

About Ogier

Ogier is a professional services firm with the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost-effective services to all our clients. We regularly win awards for the quality of our client service, our work and our people.

Disclaimer

This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

Regulatory information can be found under Legal Notice