Applications for eligible individuals born in 1957 or before open on Wednesday 13th March 2019. The bond with a 3% interest rate closes in 2025. €45 million 4% Stivala Group Finance plc Secured Bonds 2027 are listed on the Malta Stock Exchange and €15 million 3.65% Stivala Group Finance plc Secured Bonds 2029 are listed on the Malta Stock Exchange. Medbank 6% 2019-24 NEW BOND ISSUE. An aggregate amount of €10 million in the new bonds is available for subscription through an ‘Intermediaries’ Offer’. of the Laws of Malta). The salient details of the new bond issue in both EUR and GBP are as follows: Annually on 5 November (with the first interest payment date being 5 November 2020). 09/7/2019 – PR191525 - New Issue of Malta Government Stock – July 2019 29/03/2019 - PR190662en - 62+ Malta Government Savings Bond – March 2019 - Results and Allocation Policy 05/03/2019 - PR190440en - Issuance of 62+ Malta Government Savings Bond - March 201 9 Markets Update Issue 15. 3.75% Unsecured Subordinated Bonds 2026 - 2031 by the Listing Authority Read More. 6th November 2014 Tweet. And, if you feel that buying a home isn’t a safe investment (or doesn’t suit your needs), there is also the option to satisfy that requirement by renting a home for at least €16,000 per year. International Hotel Investments plc – Prospectus dated 4 March 2019. International Hotel Investments plc (“IHI”) is mainly engaged in the ownership, development and operation of luxury ‘Corinthia’ branded hotels and ancillary real estate located in Europe, North Africa and the Middle East. The value of investments may increase as well as decrease and past performance is not an indication of future performance. The Board of Directors of Hili Finance Company p.l.c. 09/7/2019 – PR191525 - New Issue of Malta Government Stock – July 2019 29/03/2019 - PR190662en - 62+ Malta Government Savings Bond – March 2019 - Results and Allocation Policy 05/03/2019 - PR190440en - Issuance of 62+ Malta Government Savings Bond - March 201 9 Bank of Valletta plc - New Subordinated Bond Issue May 28, 2019 On 27 May 2019, Bank of Valletta plc announced that it has submitted an application to the Listing Authority of the Malta Financial Services Authority requesting admissibility to listing of €50 million 3.75% unsecured subordinated bonds redeemable between 2026 and 2031. By browsing this site you are giving your consent for us to set cookies. The db Group announced the official listing of SD Finance plc bonds on the Malta Stock Exchange. Municipal Bond New Issue Offerings View other important information and risks of investing in fixed income securities. Prospective investors are urged to consult an independent financial advisor for advice prior to investing in the bonds. Furthermore, it has a 50% stake in three other hotels which are located in Belgium (Brussels), Malta (Golden Bay) and the UK (London). In the event that subscriptions by Existing Bondholders are less than €25 million, any amount of bonds not subscribed for will be available for subscription by virtue of an ‘Intermediaries’ Offer’. Amount Offered: Bonds are interest bearing securities. In the event that less than €25 million is raised, the ‘exchangeable bond transfer’ will not take place, and any funds received will be returned to the respective applicants. The bonds are fully fungible with the existing 4% IHI plc unsecured bonds 2026. Information to the Market: 17 Jun 2019 08:50 : BOV 361 : DOWNLOAD : Approval of €50,000,000 Bank of Valletta p.l.c. Investors in Malta Government securities traditionally have tended to prefer to hold these securities to maturity. This includes bank borrowings amounting to €363 million and secured bonds that are backed by privileges, hypothecs and other security. announces that it has submitted an application to the Listing Authority requesting the admissibility to listing of €80,000,000 Hili Finance Company p.l.c. The Group’s indebtedness amounted to €569.9 million as at 30 September 2018. The Accountant General announces that the total amount subscribed by all the applicants (Cat. The latter will be deemed to have occurred if, in terms of the ‘Capital Requirements Regulation’ (“CRR”), aspects of the CRR relating to the regulatory classification of the bonds are replaced or materially amended in respect of credit institutions by new capital regulations, the result of which is or would be likely to result in the bonds, in whole or in part, being excluded from own funds or otherwise reclassified as a lower quality form of own funds of the Bank. The net proceeds from the bonds, estimated at approximately €34.5 million after issuance costs, will be used by the Issuer as follows: (i)            €25 million to finance the early redemption of the existing 6% EUR and GBP subordinated unsecured bonds 2019/24 through an ‘exchangeable bond transfer’; (ii)          The remaining funds are earmarked to part-finance the redemption of the 7.5% subordinated bonds 2019 and/or for the general corporate funding purposes of the Group. has announced the issue of €11,500,000 of 3.75% Secured Bonds redeemable in 2027 (the “Series I Bonds”), with a nominal value of €100 issued at par and the issue of €11,000,000 of 4.25% Secured bonds redeemable in 2031 (the “Series II Bonds”), with a nominal value of €100 issued at par. has announced the issue of €11,500,000 of 3.75% Secured Bonds redeemable in 2027 (the “Series I Bonds”), with a nominal value of €100 issued at par and the issue of €11,000,000 of 4.25% Secured bonds redeemable in 2031 (the “Series II Bonds”), with a nominal value of €100 issued at par. ‘Subordination’ means that the rights and claims of bondholders in respect of the payment of capital and interest on the bonds will, in the event of dissolution and winding up of the Bank, rank after the claims of all unsubordinated debt and will not be repaid until all other unsubordinated debt outstanding at the time has been settled. The Series I bond will carry a coupon of 3.25% and matures in 2026 while the Series II bond will carry a coupon of 3.75% and matures in 2029. About Bonds. The longest duration the U.S. government has now is the 30-year bond. The bonds constitute the general, direct, unconditional and unsecured obligations of IHI and shall, at all times, rank pari passu, without any priority or preference among themselves and with other unsecured debt of the Group. Its principal shareholders are Corinthia Palace Hotel Company Limited (“CPHCL”) (57.81%), Istithmar Hotels FZE (21.69%) and Libyan Foreign Investment Company (“LAFICO”) (10.85%) with the balance of 9.65% held among circa 3,200 retail and institutional shareholders. Rizzo, Farrugia & Co. (Stockbrokers) Ltd accepts NO responsibility or liability whatsoever for any expense, loss or damages arising out of, or in any way connected with, the use of all or any part of this webpage. “A” and “B”) of the 62+ Malta Government Savings Bond – Issue 2018 was just above €93 million. Hili Finance Company plc, a subsidiary of Hili Ventures Ltd, has launched an €80 million bond issue, maturing in 2029, with funds mainly directed to the acquisition of Kemmuna Ltd, the owner and Investors in Malta Government securities traditionally have tended to prefer to hold these securities to maturity. The amount on issue is €65 million subject to an over-allotment option of an additional amount not exceeding €35 million. The aspects arising out of this bond issue a mere 6 weeks before a new EU Directive (BRRD II), intended to eliminate serious loopholes in the regulatory regime … APS finally issued its €55 million of 3.25% Subordinated Bonds due 2025-2030 which started trading on the Malta Stock Exchange on 19 th November 2020, weeks after a Lovin Malta opinion piece revealed the “unholy coincidence”.. Need our contact details? 62+ Malta Government Savings Bond The Finance Minister, Professor Edward Scicluna has announced the fourth 62+ bond issue for elderly persons. INVESTOR HELP LINE. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. Rizzo, Farrugia & Co. (Stockbrokers) Ltd. © 2020. Hili Finance Company plc, a subsidiary of Hili Ventures Ltd, has launched an €80 million bond issue, maturing in 2029, with funds mainly directed to the acquisition of Kemmuna Ltd, the owner and The bonds will rank subsequent to any other outstanding, unsubordinated and unsecured obligations of the Bank, present and future. Bond Price Search & New Bond Issues Get access to transparent two-way bond prices, bond price yield graph, bond reference data, bond-focused news and more. November 26, 2019 On 25 November 2019, AX Group plc published a formal notice in relation to the issuance of two new unsecured bonds for a total of €25 million. IHI also has a catering arm and owns a large tract of land located in Ħal-Ferħ which it intends to develop into an upmarket tourist and residential complex in the future. Municipal bonds are debt obligations issued by states, cities, counties and other public entities who use the loans to fund public projects such as the construction of schools, hospitals, highways, sewers and universities. IHI generates the majority of its income from hotel operations. Bonds Market In India: Get the latest updates on Bonds issue, Returns, Government Bonds, Infrastructure Bonds, Non Convertible Debentures Bonds/NCD Bonds, Tax Free Bonds India/Issue … MSE Institute Prospectus 2020. The Bank may incur further borrowings or indebtedness and may create or permit to subsist other security interests upon the whole or any part of its present or future, undertaking, assets or revenues (including uncalled capital). The salient details of the new bond issue are as follows: Coupon: 3.75%. New Bond Issue – 4% MeDirect Bank (Malta) plc Subordinated Unsecured 2024 – 2029. It is expected that the new bonds and the existing bonds will trade separately on the secondary market up until the first interest payment date of the bonds (i.e. (Now closed – bonds have been fully subscribed) Mercury Projects Finance P.L.C. MeDirect Bank (Malta) plc – Prospectus dated 7 October 2019, MeDirect Bank (Malta) plc – €35 million 4.00% Subordinated Unsecured Bonds 2024-2029 Fact Sheet. An aggregate amount of €25 million in the new bonds is available for subscription by bondholders of the existing 6% subordinated unsecured bonds 2019/24 in both EUR and GBP as at close of trading on 9 October 2019 (the “Existing Bondholders”) who may apply to transfer their existing bonds in exchange for the new bonds (the “Exchangeable Bond Transfer”) and may also apply for additional bonds. We use cookies on this site to enhance your user experience. The latter comprises a ‘Corinthia’ branded hotel as well as residential apartments earmarked for resale. The yachting industry has been an ever growing industry in Malta for these past years. Zammit Finance Plc has announced the issue of € 6 million in Secured bonds maturing in 2022, featuring an early Call Option in 2020, and an annual coupon of 5.25%. The maturity of these bonds (on date of issue) ranges from 5 to 25 years. Bank of Valletta p.l.c. Prospective investors are urged to read the Prospectus issued by MeDirect Bank (Malta) plc dated 7 October 2019 including the ‘Risk Factors’ which are found in Section 3 of the Registration Document on pages 9 to 18, and in Section 3 of the Securities Note on pages 9 to 12. €35 million), the applications will be scaled down (subject to the minimum allocations of €25,000 or GBP20,000) in accordance with the allocation policy. Dunkin's new extra-caffeinated coffee will be available for only $2 from December 30 through January 26. 62+ Malta Government Savings Bond: Allocation results,… 62+ Malta Government Savings Bond: Allocation results, notice of new €30m bond in October Thursday, 28 … It is NOT intended to be and should NOT be construed as an offer or solicitation to acquire or dispose of any of the securities or issues mentioned herein. Arthur Gauci, CEO of db Group, said that today marks an important milestone for the Group… Read More Information to the retention of a minimum holding of €25,000 / GBP20,000, and in multiples €1,000... Hours ( noon ) on 14 October 2019, both days included this includes Bank borrowings amounting €363. Payment date falling in the years 2024 to 2028, and/or any following! Majority of its income from hotel operations, with a 3 % interest rate closes in 2025 in new. 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