AX Group plc – €40m 5.85% Unsecured Bonds 2033
Issue of €40,000,000 5.85% AX Group p.l.c. Unsecured Bonds 2033 EUR
Please be informed that the Board of Directors of AX Group p.l.c has announced the issuance of €40,000,000 5.85% unsecured bonds maturing in 2033, to be issued at par and redeemable at their nominal value on November 7, 2033.
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 €1,000 and in multiples of €100 thereafter.
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. A fee of €25 applies for direct applications.
Prospective clients should refer to the Prospectus dated September 26, 2023, 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.
| Issuer | AX Group p.l.c. |
|---|---|
| Issue Type | Unsecured Bond Issue |
| Issue Size | €40,000,000 |
| Maturity Date | 7 November 2033 |
| Offer Period | 5 October 2023 – 23 October 2023 |
| Expected Date of Commencement of Trading | 15 November 2023 |
| Bond Offer Price | €100 per bond, issued at par |
| Preferred Applicants | 3.25% AX Investments p.l.c. Unsecured Bonds 2026, 3.75% AX Investments p.l.c Unsecured Bonds 2029, 3.5% AX Real Estate p.l.c. Unsecured Bonds 2032 and AX Real Estate p.l.c. Ordinary ‘A’ Shares |
The Issuer reserves the right to close the Offer Period before October 23, 2023 with respect to any one or more classes of Applicants depending on the total level of subscription in the Bond Issue.
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). We will be pleased to answer any queries you may have on this issue.
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.