Carey Olsen supports Digital 9 Infrastructure's London Stock Exchange listing

Raising gross proceeds of £300 million, the ordinary shares of Digital 9 Infrastructure have been admitted to trading on the Specialist Fund Segment of the London Stock Exchange (LSE) Main Market. The company will invest in a range of digital infrastructure assets, including subsea and terrestrial fibre, data centres, tower infrastructure and small cell networks.

Following its admission to trading, Digital 9 Infrastructure has confirmed the £160 million acquisition of Aqua Comms, a platform owning and operating approximately 14,300 km of trans-Atlantic subsea fibre systems.

Working alongside onshore counsel Taylor Wessing, the Carey Olsen team advising on the Jersey legal and regulatory aspects of the project comprised partner James Mulholland, counsel Colin Masterton and associate Miriam Doukhan.

James said: "We are delighted to have advised Digital 9 Infrastructure on its successful admission to the Specialist Fund Segment and acquisition of Aqua Comms. Our involvement demonstrates both Carey Olsen's extensive experience in complex matters of this nature and the ongoing attractiveness of Jersey as a highly reputable domicile for listed funds."

Digital 9 Infrastructure is the firm's most recent LSE client and follows confirmation in the most recent edition of the Corporate Advisers Ranking Guide (January 2021) that Carey Olsen has been the leading offshore law firm for London listings for 15 consecutive years.