International Hotel Investments p.l.c.  announced €60,000,000 6% Unsecured Bonds 

International Hotel Investments p.l.c. (the “Issuer” or “IHI”) has announced the issuance of €60,000,000 6% Unsecured Bonds maturing in 2033, having a nominal value of €100 per bond issued and redeemable at par (the “Bond Issue”). 

If you wish to apply for these bonds, see the information at the bottom of this article or contact us on 25 688 888. 

The prospectus of the Issuer dated 26 September 2023 relating to the Bond Issue (the “Prospectus”) can be found here. 

Please refer to the Prospectus for the definition of capitalised terms used herein. 

Business Overview 

IHI carries on the business of an investment company in connection with the ownership, development and operation of hotels, residential and commercial real estate. The Issuer holds investments in subsidiary and associate companies through which it furthers the business of the Group. 

Revenue and earnings are derived primarily from the operation of owned hotels. A secondary source of income and earnings is rental income of residential and commercial premises, particularly in Tripoli and St Petersburg. 

Use of Proceeds 

The aggregate proceeds from the Bond Issue which, net of expenses, are expected to amount to approximately €59,220,000, will be used by the Issuer for the following purposes: 

1. acquiring for redemption and cancellation a maximum amount of €10,000,000 in 2023 Maturing Bonds from 2023 Maturing Bondholders subscribing for Bonds by way of Maturing Bond Transfer, and to redeem any 2023 Maturing Bonds remaining in issue as at the 2023 Maturing Bonds Redemption Date; 

2. acquiring for redemption and cancellation a maximum amount of €35,000,000 in 2024 Maturing Bonds from 2024 Maturing Bondholders subscribing for Bonds by way of Maturing Bond Transfer, and to redeem any 2024 Maturing Bonds remaining in issue as at the 2024 Maturing Bonds Redemption Date; and 

3. the remaining amount of circa €14,220,000 will be used by the Issuer for general corporate funding purposes of the Group. 

How to Apply: 

Online – Moneybase Invest

Should you wish to apply online you can do so easily via our Moneybase Invest platform which is available as an app on both Android and IOS stores and also on the web https://live.moneybase.com. Kindly look up the instrument applicable to you from the below list and specify the amount of bonds for which you would like to subscribe: 

Advisory Clients 

Financial Advisory clients who wish to seek financial advice or who prefer to speak to their financial advisor can visit one of our four branches (Birkirkara, Mosta, Sliema and Fgura) or contact us at +356 25 688 688 or via live chat on www.cc.com.mt

6% IHI Form A Exchange if you are a holder of the 2023 Maturing Bonds and want to exchange your old bonds for new bonds, 

6% IHI Form A Top Up if you are a holder of the 2023 Maturing Bonds and want to subscribe for more of the new bonds in addition to exchanging all your old bonds, 

6% IHI Form B Exchange if you are a holder of the 2024 Maturing Bonds and want to exchange your old bonds for new bonds, 

6% IHI Form B Top Up if you are a holder of the 2024 Maturing Bonds and want to subscribe for more of the new bonds in addition to exchanging all your old bonds, 

6% IHI Form C Preferred if you are a Preferred Applicant and want to subscribe for the new bonds. 

The minimum application amount is €2,000 and in multiples of €100 thereafter.  

The value of the investment can go down as well as up. Investing in the bonds of the Issuer may result in a loss of some or all of the capital invested. Prospective investors wishing to subscribe to the bonds should make their own research before making any investment decisions and should consider whether they fully understand the features of the investment and the potential risks and rewards associated with it and should seek the assistance of a financial advisor if in doubt. Non-advisory investors are advised that where an appropriateness assessment is not required they do not benefit from the corresponding protection afforded under the Conduct of Business Rules.   

The information herein shall not constitute investment advice nor investment recommendations.  

This advertisement was approved for issue by Calamatta Cuschieri Investment Services Limited of Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act. (Cap 370 of the Laws of Malta).