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Conyers advises Markit Ltd. on its US$200 million accelerated share repurchase

Conyers advised Markit Ltd.(Nasdaq-GS:MRKT) on its US$200 million accelerated share repurchase with J.P. Morgan Securities LLC as agent for JPMorgan Chase Bank, National Association, London Branch and Morgan Stanley & Co. LLC. To our knowledge this accelerated share repurchase (ASR) is the first transaction of its kind for a Bermuda company listed on a US stock exchange and was evidenced using ISDA-format agreements and confirmations.

David Cooke, Marcello Ausenda and Niel Jones of Conyers advised on this matter, working alongside Davis Polk & Wardwell LLP.

 


Marcello Ausenda
Director

Bermuda   +1 441 299 4954


David W.P. Cooke
Director

Bermuda   +1 441 299 4933


Niel L. Jones
Director

Bermuda   +1 441 299 4903


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