Contact

Darren Bacon

Darren Bacon

Partner | Guernsey

Frances Watson

Frances Watson

Partner | Guernsey

Helen Wyatt

Helen Wyatt

Partner | Guernsey

James Hill

James Hill

Partner | Jersey

Paul Martin

Paul Martin

Mourant LP Partner | Jersey

Guide

Listing Eurobonds on the International Stock Exchange

14 May 2021

In order to qualify as a 'quoted Eurobond' and, as a consequence, enable the issuer to pay interest without deduction of UK income tax, securities have to meet the conditions set out in section 987 of the Income Tax Act 2007 (the ITA); ie 'quoted Eurobond' means a security, including a share that: (i) is issued by a company; (ii) is listed on a recognised stock exchange; and (iii) carries a right to interest.

The International Stock Exchange (the Exchange) has been designated by Her Majesty's Revenue and Customs (HMRC) as a recognised stock exchange under section 1005 of the ITA.

This guide contains a summary of the main requirements for the admission of quoted Eurobonds by private issuers to a primary listing on the Exchange.

Contact

Darren Bacon

Darren Bacon

Partner | Guernsey

Frances Watson

Frances Watson

Partner | Guernsey

Helen Wyatt

Helen Wyatt

Partner | Guernsey

James Hill

James Hill

Partner | Jersey

Paul Martin

Paul Martin

Mourant LP Partner | Jersey

About Mourant

Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.

Scroll To Top