And when the world’s largest aluminium business UC Rusal began trading on the exchange, it was a huge coup for legal services group Ogier.
The law firm steered the listing of the Russian-owned Jersey-incorporated company onto the exchange. The offering raised the equivalent of US$ 2.24 billion and set the company’s market capitalisation at $21.3 billion.
The public offering of shares would not have been possible without a major debt restructuring last year, in which Ogier played a key role.
Reputation.
The head of Ogier’s corporate division, Marc Yates, said: ‘We are delighted to have acted for UC Rusal on its listing. It is a memorable occasion, being the first listing of a Jersey company on the exchange.’
