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IZI Finance p.l.c. (“the Issuer”) has announced the issuance of a maximum of €30,000,000 in 4.25% Unsecured Bonds redeemable in 2029 and having a nominal value of €100 per Bond which shall be issued at par.
A copy of the registration document is available here.
If you wish to apply for these bonds kindly follow the guidance at the bottom of this news item or contact us on +25 688 688 or [email protected] or via live chat on ww.cc.com.mt for more information.
IZI Finance p.l.c. (the “Issuer”, the “Company” or the “Group”) is a holding company and a finance vehicle. The Company is the holder of various subsidiaries which operate in the gaming sector in Malta. Although the Issuer was set up on 30 December 2021, the Group has extensive experience in the sector, with the subsidiaries having been in business for a long number of years (the first company within the Group being set up in 2002) while the founding shareholder of the Group, Mr Johann Schembri, having been involved in the gaming sector since 1993. The Issuer will also serve as the finance vehicle of the Group and therefore will be responsible to raise the required financing.
The Group is a key player within a wide range of gaming business verticals, including casinos, video lottery terminals, fixed odds betting, pari mutuel betting, virtual games, e-sports betting and bingo. Following the signing of the concession agreement on 10 March 2022 and subject to the issue of a licence by the MGA, the Group will commence operating the National Lottery of Malta with effect from 5 July 2022.
The IZI Finance Group operates principally in the land-based gaming market but is also actively engaged in the online gaming sector.
The proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €29.4 million will be utilised by the Issuer for the following purposes, in the amounts and order of priority set out below:
Orders are 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. Orders can also be submitted via the CCTrader app through the instrument 4.25% IZI FInance Plc Unsecured 2029.
All orders must be submitted by no later than the 7th of April 2022 at 12:00pm (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. Investment in the Bonds of the Issuer should be based on the full details 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.
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
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