CF Estates Finance plc (“the Issuer”) has announced the issuance of €30,000,000 5% Secured Bonds 2028-2033, having a nominal value of €100 per Bond issued at par. 

A copy of the Prospectus is available here

If you wish to apply for these bonds, you can use our online platform or contact our advisors for advice. More details on how to apply section at the bottom of this news item.

Business Overview: 

The Group, through the various Subsidiaries comprised therein, is involved in a mixed range of business activities and sectors, including in particular:  

(i) hospitality and tourism – principally the acquisition and/or development and operation of hotels;  

(ii) office rentals – principally the acquisition and/or development of office spaces and their rental to third parties;  

(iii) tiles, furnishings and furniture trading – principally the importation, supply, wholesale, retail sales, installation, fixing, assembly and dealing in tiles and sanitaryware, furnishings, fittings and furniture; and  

(iv) real estate – principally the identification, acquisition, 

Use of proceeds: 

The proceeds from the Bond Issue in the amounts and order of priority are set out below: 
i. An amount of up to €3,605,000 will be used to finance the conversion of Existing Secured Notes into Bonds 
ii. An amount of approximately €11,300,000 will be used to re-finance the outstanding Relevant Bank Loans 
iii. An amount equivalent to the difference between €3,605,000 and the amount used to finance the conversion of Existing Secured Notes into Bonds 
iv. An amount of approximately €2,800,000 will be used to finance the remaining development (completion and finishing) costs of the hotels within the Group, namely the Levante Hotel, the Scirocco Hotel and the Mistral Hotel 
v. An amount of approximately €4,200,000 will be used to finance part of the development costs, including part of acquisition costs paid or payable in respect of the respective sites, of the following residential projects described in Section 5.2 of the Registration Document, namely: (a) the Mayfair residences in Attard, (b) the Macael Apartments in Paola, (c) the Sunrise Corner is Swatar, and (d) the Vermont Court in Pieta’ 
vi. The amount of approximately €8,095,000 together with any residual amounts not utilised for the purposes identified in paragraphs (i) to (v) 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 our online platform or 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 Moneybase Invest platform by selecting the instrument 5% CF Estates plc Secured 2028-2033

Non-nominee applications will be subject to a €25 fee otherwise all other orders are free of charge

All orders must be submitted by not later than the 28th December 2022 (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 

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 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.   

An investment in the Bonds of the Issuer may not be suitable for all investors. Prospective investors wishing to subscribe to Bonds of the Issuer should do so on the basis of the Prospectus, including the risks and rewards therein, and seek professional advice.

This Advert is Issued 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.