Smartcare Finance plc 4.65% Secured Bonds 2031

Smartcare Finance plc has announced the issuance of €13,000,000 4.65% Secured Bonds 2031 having a nominal value of €100 per Bond which shall be issued at par.

If you wish to apply for this bond kindly follow the guidance below or contact us on +25 688 688 to speak to one of our qualified financial advisors or visit us in one of our branches at your convenience.

This offer is also available on CCTrader via the instructions below.

It is important to note that the issuance of the new bond is subject to the approval of at least 60% of bondholders of the 5% Smartcare Finance Plc 2029 which will be held during an extraordinary general meeting on the 9th of March 2021.

Business Overview

The Smartcare Group, through Smartcare Pinto Ltd which owns and operates the Care Home, is principally involved in the healthcare industry having commenced operations of the Care Home in December 2018, pursuant to which the Group is subject to general business risks inherent in the provision of accommodation and care for elderly persons.

• Originally incorporated as Smart Homes Ltd in 2005 and with the aim of providing high-quality construction services to both the private and public sectors, as the business grew, three additional development companies were incorporated through which a number of development projects were acquired.
• In 2018, Smartcare Pinto Ltd was incorporated and the company entered into the healthcare for the elderly sector by purchasing the Dar Pinto, a state-of-the-art, elderly care home located in Qormi with a total of 148 beds spread over 45,000 square meters.
• Smartcare Finance Plc acts as the finance and investment arm of the Smartcare Group, established with the aim to carry on with the ownership, development, operation and financing of the Group’s business activities, both in Malta and overseas.

How to apply

Orders will be accepted from 10th March 2021 for existing bondholders and can be submitted through one of our Financial Advisors based in one of our five branches (Mosta, Sliema, B’kara, Qormi and Fgura).

Should you prefer to use our CCTrader platform, kindly follow the instructions below:

• if you are an existing bondholder and wish to replace your existing bonds for new bonds, kindly raise an order on the instrument: 4.65% Smartcare Finance Plc 2031 Existing for the amount that you hold in the outgoing 5% Smartcare Finance Plc 2029 bond
• if you are an existing bondholder, will be replacing your existing bonds for new bonds, and want to subscribe for additional new bonds, kindly raise a second order on the instrument: 4.65% Smartcare Finance Plc 2031 Top-Up

A minimum quantity of 1,000 units must be purchased and in multiples of 100 units thereafter.

All orders must be submitted by not later than the 17th of March, 2021 @ 1200hrs (Closing date).

The offer may close at an earlier date without prior notice as a result of over-subscription. In the event that the issue is not taken up in full by existing holders, the offer will open up to the general public.

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

A copy of the Prospectus is available here

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This communication had been issued by Calamatta Cuschieri Investment Management Limited (“CCIS”). The value of the investment may go down as well as up and past performance is not necessarily indicative of future performance, nor a reliable guide to future performance. An investment in the Bonds may not be suitable for all investors and prospective investors are urged to consult their financial advisers as to the suitability or otherwise of acquiring such instrument.

Investors wishing to invest in the Bonds should do so on the basis of the Prospectus, including the relevant risk warnings contained therein, a copy of which may be obtained from our branches or by visiting www.cc.com.mt CCIS 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.