Hili Finance Company p.l.c. (“the Issuer”) has announced the issuance of €50,000,000 4% Unsecured Bonds 2027, having a nominal value of €100 per Bond issued at par.

A copy of the Prospectus is available here.

Kindly note that offer is available to preferred applicants only at this stage. If offer is not oversubscribed, it will then open to the general public on the 9th of March.

Preferred applicants are holders of bonds and/or equities issued by the following entities:

  • Harvest Technology
  • Premier Capital
  • 1923 Investments
  • Hili Properties
  • Hili Finance

Hili Ventures Stakeholders, including employees are also considered as Preferred applicants.

Preferred holders in the above securities that have not originally acquired these via Calamatta Cuschieri can still apply for this offer under our Nominee service for their benefit.

Business Overview:

Established in April of 2018 as the wholly-owned subsidiary of Hili Ventures Limited, the Issuer’s primary objective is to acquire, hold and manage assets, including securities and other financial interests, with the intended purpose to raise capital for the business of the Group, as defined in the aforementioned Prospectus. Since its inception, the Issuer has issued two Bonds, both of which are currently listed and traded on the Official List of the Malta Stock Exchange.

Use of proceeds:

  • An amount of circa €17,000,000 will be used to re-pay, in part, the acquisition completed by 1923 Investments plc in April 2020 of all non-US ship-to-ship operations from marine energy transporter Teekay Tankers Limited;
  • An amount of circa €18,400,000 shall be used to re-pay loans taken out to fund an equity investment by Hili Ventures Limited in Hili Properties plc for the purpose of acquiring commercial immovable property that is set to boost the Group’s strategy of expanding its investment property portfolio; and
  • The remaining balance in an amount of circa €13,850,000 will be used for general corporate funding of the Group.

How to buy this bond:

Orders are now being accepted and can be submitted through one of our Financial Advisors in one of the following branches in Mosta, Sliema, B’kara, and Fgura. The minimum subscription is of €5,000.

This issue is also available on our CCTrader platform by selecting the instrument 4% Hili Finance Company Plc 2027 – Preferred.

All orders must be submitted by not later than the 4th of March 2022 at 16:00 (closing date) however, kindly be informed that the offering may close earlier if oversubscribed.

Should you require more information, including personalised financial advice you may reply to this email, call us on +356 25 688 688 or contact us via our live chat on www.cc.com.mt.

If you prefer you can also choose to visit one of our branches at your convenience or avail yourself of our new video call service. Kindly mention this channel when setting your appointment.

The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. Prospective investors wishing to subscribe for Bonds of the Issuer should do so on the basis of the Prospectus, including the Risk factors contained therein. Prospective investors making an execution only investment are advised that CCIS is not required to undertake an appropriateness assessment and investors do not benefit from the corresponding protection afforded under the Conduct of Business Rules.

This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 386. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.