New Bond Offer – €35m 5.30% International Hotel Investments plc Unsecured Bonds 2035
New Bond Offer – €35m 5.30% International Hotel Investments plc Unsecured Bonds 2035
The Board of Directors of International Hotel Investments plc has announced the issuance of €35m 5.30% unsecured bonds maturing in 2035, to be issued at par (€100 per bond) and redeemable at their nominal value on April 1, 2035.
Holders of the 5.75% International Hotel Investments plc Unsecured Bonds 2025 (Maturing Bonds, ISIN: MT0000111295) have the first right to subscribe for the new bonds by exchanging their existing holdings.
Maturing Bondholders may exchange all or part of their existing holdings for new bonds at par (€100 per bond), subject to a minimum application of €2,000. If a Maturing Bondholder’s holding is below €2,000, they must top up the difference in cash. Investors may also apply for additional bonds, subject to availability.
If total applications from Maturing Bondholders reach €35m, no bonds will be available for allocation to Authorised Financial Intermediaries or the general public. If the bond issue is fully subscribed before the end of the Offer Period, the Issuer may close the offer early and announce an updated timetable.
How to Apply
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 €2,000 and in multiples of €100 thereafter.
We will be pleased to process the application on your behalf. Please contact your investment advisor, who will be happy to assist you with any queries you may have.
Prospectus & Contact Information
Prospective clients should refer to the Prospectus dated February 20, 2025, which may be obtained:
✔ In hard copy from our offices, free of charge.
✔ By email upon request.
✔ By clicking the download button below.
📞 Freephone: 8007 2206
📍 Visit our Investment Advisors 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. This material does not intend to give investment advice, and the contents therein should not be construed as such. Investors may get back less than their initial investment. Past performance is no guarantee of future performance and the value of the investment may go down as well as up. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA and is a Member of the Malta Stock Exchange. The directors or related parties, including the Company and their clients may have an interest in securities mentioned or engage in transactions in the bond issue. For further information contact Jesmond Mizzi Financial Advisors Limited of 67, Level 3, South Street, Valletta, on Tel: 21224410, or email [email protected]