During the first half of 2019, approximately 26 CLOs comprising new issuances, refinancings and resets, were listed on the Cayman Islands Stock Exchange ("CSX"). Of these listings, 25, or 96%, were by Cayman Islands issuers with a Delaware co-issuer. Our Cayman Islands office listed 62% of all the CSX-listed CLOs and 64% of all Cayman Islands issuers listed on the CSX.

The second half of 2019 is also shaping up for a strong performance with respect to CSX listings, with approximately 13 new issuances, refinancings and resets already listed or in the pipeline to be listed of which we are aware.

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