Mediterranean Investments Holding p.l.c. 5.85% Unsecured Bonds 2028 

Mediterranean Investments Holding p.l.c. (the “Issuer”) has announced the issuance of €20,000,000 5.85% Unsecured Bonds maturing in 2028, having a nominal value of €100 per bond issued and redeemable at par. 

The Bonds are open for subscription by Maturing Bondholders; Existing MIH Bondholders; and the general public pursuant to an Intermediaries’ Offer in respect of any balance of the Bonds not subscribed to by Maturing Bondholders and/or by Existing MIH Bondholders, as the case may be. 

If you decide to apply for these bonds, kindly follow the “How to Apply” section at the bottom of this news item or contact us at +25 688 688 or [email protected] or via live chat on ww.cc.com.mt for more information. 

BUSINESS OVERVIEW: 

The principal objects of the Issuer are to directly or indirectly acquire, develop and operate real estate opportunities in North Africa, including, without limitation, opportunities with respect to retail outlets, shopping malls, office and commercial buildings, residential gated compounds, housing, hotels, build-operate-transfer (BOT) agreements and other governmental projects and conference centres. MIH, which has issued multiple listed and unlisted debt securities since its incorporation, currently has two bonds which are listed and trading on the Official List of the Malta Stock Exchange.  

USE OF PROCEEDS: 

The proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €19,600,000, will be used by the Issuer for the redemption of the outstanding amount of the 5.5% Mediterranean Investments Holding Plc 2023 Maturing Bonds remaining in issue as at 31 July 2023. As of the date of the Prospectus, the aggregate value of Maturing Bonds in issue stands at 20,000,000. 

HOW TO APPLY: 

Advisory
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

Online

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. 

If you are a holder of the existing 5.5% Mediterranean Investments Holding Plc 2023 bonds, enter the instrument name 5.85% MIH Plc 2028 – Maturing Exchange to exchange your existing bonds for New Bonds. You can also apply for additional bonds using the instrument 5.85% MIH Plc 2028 – Maturing Additional. 

Existing Bondholders, holding the 5.25% Mediterranean Investments Holding Plc 2027 bonds, can apply by using the instrument name 5.85% MIH Plc 2028 – Existing Additional.  

Non-nominee applications will be subject to a €25 fee. 

The value of the investment can go down as well as up and past performance is not necessarily indicative of future performance. 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 assessment as to the suitability of the investment after reading the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the bonds. Prospective investors are to consult their independent financial advisor as to the suitability or appropriateness of investing in the bonds. Prospective investors are advised that  where an appropriateness assessment is not required  investors do not benefit from the corresponding protection afforded under the Conduct of Business Rules. 

This advert was 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 370. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.