Bank of Valletta plc – New Bond Issue

Bank of Valletta p.l.c has announced the issuance of €75,000,000 subordinated notes maturing in 2030. The bond will offer a coupon of 3.5% per annum and will be issued at a price of €100 per bond.

Jesmond Mizzi Financial Advisors Ltd is participating in this issue as joint sponsors to the issue and as an authorised financial intermediary . We are currently accepting applications for this bond. This issue will be split into two series, Series 1/2015 will have a minimum application amount of EUR 25,000 while Series 2/2015 will be subject to a minimum application of EUR 5,000.

Up to EUR 40,000,000 of the aggregate amount is being reserved for preferred applicants being Bank of Valletta shareholders who appeared on the register of members on October 21, 2015 as well as the directors and staff of the Issuer. 

Cheques are to be made payable to The Registrar – BOV Notes Issue 2015. All clients should refer to the Prospectus dated October 16, 2015 which may be obtained from our offices in hard copy, electronically by e-mail on request or by clicking the links below.

Since the investment in the Notes may not be suitable or appropriate for all investors, we urge you to consult your investment advisor at Jesmond Mizzi Financial Advisors. The closing date for the Subscription Notes by Preferred applicants is on November 30, 2015 at 10:00hrs while the bond will be opening to the general public on December 2, 2015.

You may contact us by phone on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Ħamrun, Birkirkara, St. Paul’s Bay or Ta’ Xbiex (by appointment). We will be pleased to answer any queries you may have on this issue and assist in the completion of all the necessary forms at one of our offices. 

Application forms are not being sent out as your advisor will assess the suitability and appropriateness of the Notes to be included in your portfolio of investments. Preferred applicants who have received an application form from the Issuer need to bring this form when meeting our advisors. 

Please be informed that our Valletta branch is currently closed for refurbishment.

Our offices in Ħamrun and Birkirkara will be open on Saturday 21st and Saturday 28th November from 08:30 to 12.30.

This information is not intended to constitute an offer or agreement to buy or sell investments. The investment referred to in this document may not be suitable or appropriate for every investor. No liability is accepted whatsoever for any loss howsoever arising from any information in this document.  The value of investments can go down as well as up. Investors may get back less than their initial investment and past performance is no guarantee of future performance. Jesmond Mizzi Financial Advisors Limited or any connected company, their clients, officers and employees may have a position or engage in transactions in the bond issue.