Bermuda Stock Exchange and Parent Company Miami International Holdings, Inc. Announce $1.35 Billion Debt Listing for the Government of Bermuda
Miami International Holdings, Inc. (MIH), the majority stockholder of the Bermuda Stock Exchange (BSX) and parent holding company of the MIAX Exchange Group™, today announced that the BSX has listed Senior Notes totaling principal amount of US$1.35 billion for the Government of Bermuda.BSX President and CEO Greg Wojciechowski commented, "The team at the BSX is pleased to once again support the Government of Bermuda with its debt capital raise requirements through the listing of its recent debt issuance on the BSX. The BSX is experiencing increasing interest from the issuers of international debt securities and debt capital markets which is driving momentum in our listing support services. This is in large part due to our international reputation as a recognized stock exchange supported by a well-regulated financial center located in a convenient time zone with proximity to Europe and North, South and Latin America."
Ocorian Securities (Bermuda) Limited acted as BSX listing sponsor for the notes. Alison Dyer, Managing Director of Ocorian commented, "We are pleased to be involved in this very important transaction for the Government of Bermuda, and congratulate the BSX on attracting another significant commercial deal. This listing is further proof of the efficacy of the BSX as a world class alternative destination for listings. Ocorian is committed to continuing and strengthening its partnership with the BSX, as the exchange continues to expand its global reach."