Maples and Calder, the Maples Group's law firm, is pleased to announce it advised on 48% of all Cayman Islands Stock Exchange ("CSX") listings in 2025.
In 2025, the CSX listed 492 new securities marking the fourth best year for new listings since the CSX's inception in 1996. At the end of 2025, there were 2,758 active listings on the CSX, amounting to a market capitalisation of US$838 billion. This growth reflects the continued confidence of issuers and investors in the CSX.
A strong flow of new specialist debt listings during the last two years has helped make a record total number of listings on the market and demonstrates the attractiveness of the CSX's debt market offering.
For 2025, the CSX maintained its position as the leading venue for listing collateralised loan obligations ("CLOs"), with 283 securities listed during the year, which brought the total number of CLOs listed on the CSX to 1,412 at the end of December 2025. With the growing interest from CLO issuers, the CSX has captured a significant percentage of US new launches, refinancings and resets in the market.
For 2025, the Maples Group's Cayman Islands listings team advised on over 230 listings, including approximately 45% of CLOs listed on the CSX.
"Achieving nearly half of all CSX listings for 2025 is a clear reflection of the trust our valued clients place in us for their business needs, as well as our global listing team's ability to deliver responsive, high-quality and technical advice to support issuers," commented Amanda Lazier, Partner. "We are proud of our leading position in this space and look forward to supporting the CSX further as their market continues to expand."
The Maples Group's global listings team is an acknowledged leader in listing services with specialist teams based in its Cayman Islands, Ireland, Hong Kong, Jersey, London, and Luxembourg offices.
About The Maples Group
The Maples Group, through its leading international law firm, Maples and Calder, advises global financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg. With offices in key jurisdictions around the world, the Maples Group has specific strengths in areas of corporate commercial, finance, investment funds, litigation and trusts. Maintaining relationships with leading legal counsel, the Group leverages this local expertise to deliver an integrated service offering for global business initiatives. For more information, please visit: maples.com/services/legal-services.