ClearFlowPlus plc – €25m 4.25% Unsecured Green Bonds 2033
Issue of €25,000,000 4.25% ClearFlowPlus plc Unsecured Green Bonds 2033
Please be informed that the Board of Directors of ClearFlowPlus plc has announced the issuance of €25,000,000 4.25% unsecured green bonds maturing in 2033 to be issued at par and redeemable at their nominal value on 25th August 2033.
ClearFlowPlus is wholly owned by the Water Services Corporation which, will act as a guarantor for this bond. The purpose of this bond is to finance certified green projects for Malta, namely improvements in the water network infrastructure, systems to improve billing efficiencies, new solar farms, improve wastewater treatment infrastructure and a new Reverse Osmosis in Hondoq.
Jesmond Mizzi Financial Advisors Ltd is participating in this issue as one of the authorised financial intermediaries and will be accepting applications for this bond, subject to a minimum subscription of €5,000 and in multiples of €100 thereafter.
A fee of €25 applies for direct applications.
We will be very pleased to process the application on your behalf and therefore, ask you to contact your investment advisor who will be happy to assist you in any queries you may have. Prospective clients should refer to the Prospectus which may be obtained from our offices in hard copy free of charge, electronically by e-mail on request, or by clicking the download button below.
| DOWNLOAD REGISTRATION DOCUMENT | DOWNLOAD SUMMARY | DOWNLOAD SECURITIES NOTE |
| Issuer | ClearFlowPlus plc |
|---|---|
| Issue Type | Unsecured Green Bond Issue |
| Issue Size | €25,000,000 |
| Maturity Date | 25th August 2033 |
| Offer Period | 26th July 2023 – 18th August 2023 |
| Expected Date of Commencement of Trading | 4th September 2023 |
| Bond Offer Price | €100 per bond, issued at par |
| Minimum Subscription | €5,000 and in multiples of €100 thereafter |
| Guarantor | Water Services Corporation |
You may contact us on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Hamrun, Birkirkara or Ta’ Xbiex (by appointment).
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.