Stuarts Humphries is pleased to have advised in the role of Cayman Islands counsel to the Initial Purchasers and Collateral Agent in a $480 million securitisation of a portion of revenues of the Norman Manley International Airport (“NMIA”) for the Government of Jamaica.
As Cayman counsel Stuarts supported US counsel Milbank LLP in advising the Initial Purchasers, and US counsel Mintz LLP in advising the Collateral Agent. This landmark transaction reflects Stuarts’ commitment to delivering innovative financial solutions and deep expertise in Cayman Islands law across aviation, complex bond offerings, and sovereign debt transactions.
“Stuarts is proud to help deliver such a significant and successful sovereign debt transaction leveraging our expertise in Cayman Islands law and demonstrating our commitment to delivering innovative financial solutions for our global clients.” – Chris Humphries, Managing Director, Stuarts Humphries
The Stuarts team was led by Managing Director Chris Humphries, alongside corporate partners Megan Wright and Jon McLean and Associate Joseph Bates.