Mercury Projects Finance p.l.c. (the “Issuer”) has announced the issuance of up to €50,000,000 4.3% Secured Bonds redeemable in 2032, having a nominal value of €100 per Bond issued and redeemable at par. 

A copy of the prospectus is available here

BUSINESS OVERVIEW:  

The issuer acts as a Finance arm of the Mercury Group.  The key activities of the Mercury Group comprise of the development of a mixed-use project that, amongst others, involves the development of a 34-floor tower (including serviced apartments), a five-star luxury hotel spanning over the podium area, retail and commercial spaces spanning across the entire project, a commercial mall, a rooftop bar, as well as an underlying car park. The development is being completed in two phases. Following the development, the Group will operate, among others, the aforementioned hotel, the car park, the commercial mall, and the Mercury Experience – an entertainment-themed simulator ride. 

USE OF PROCEEDS: 

The proceeds from the Bond Issue, will be used by the Issuer to provide a loan facility to the Guarantor, to be used as provided below. 

 i. Construction and finishing of the Hotel owned by Mercury Hotel Ltd.: the amount of circa €35,000,000 will be made available by the Guarantor to Mercury Hotel Ltd. and used to finance fees and costs due and to become due by Mercury Hotel Ltd. to Mercury Contracting Projects Limited in respect of the construction, development and finishing works on the Hotel and the various elements thereof (details of which are set out in the Prospectus) in terms of the contract of works between the two companies. 

 ii. General corporate funding: the amount of circa €15,000,000 together with any residual amounts not utilised for the purposes identified in paragraph (i) above, shall be utilised for general corporate funding purposes 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 4.3% Mercury Finance Secured 2032.  

All orders must be submitted by no later than the 14th of April 2022 at 12:00pm (Closing Date)  

Should you require more information, including personalised financial advice, you may either 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. 
 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.