Capital Markets

We are the go-to counsel for our international and local client base on capital market transactions in or involving the Maldives. Our experience spans debt capital markets, equity markets, and initial public offerings, advising governments, issuers, underwriters, and arrangers on some of the region’s most significant transactions.

Debt Capital Markets

Issuers, arrangers, and underwriters have engaged us on cross-border Regulation S/Rule 144A debt securities offerings, including the Maldives Government’s first sovereign bond issuance and its 2018 tap issuance. We have also advised the Maldives Government on structuring sukuk offerings under Shariah principles.

Initial Public Offerings

We are the go-to lawyers for Maldives-based companies considering an IPO. Our notable experience includes advising on the IPO for telecom giant Ooredoo Maldives, and, most recently, Maldives Islamic Bank’s IPO in 2019. Newly public companies often continue to rely on us after listing, and we routinely handle the array of issues that arise for public companies.

Equity Markets

We have significant experience representing underwriters and issuers across all aspects of equity securities offerings in the Maldives, including advising Maldives Transport and Contracting Company PLC on its 2018/2019 rights issuance.