IZI Finance p.l.c. announces 5.5% Unsecured Bonds maturing in 2036 

IZI Finance p.l.c. has announced the issuance of €30,000,000 5.5% Unsecured Bonds redeemable in 2036, having a nominal value of €100 per bond issued and redeemable at par.

Please find the prospectus relating to the respective bond issue.

Business Overview 

IZI Finance p.l.c. is the finance and holding company of the IZI Group, a leading operator in Malta’s regulated gaming industry. Through its operating subsidiaries, the Group is active across both land-based and online gaming verticals, including casinos, national lottery operations, retail and digital betting, electronic gaming machines and other regulated gaming services. The Group’s flagship land-based operation is the Dragonara Casino, operated by Dragonara Gaming Limited under a long-term concession, alongside its exclusive operation of Malta’s National Lottery through National Lottery p.l.c. 

The Group generates diversified revenue streams from casino operations, national lottery products (including Super 5 and Lotto), retail betting outlets and online gaming platforms. In recent years, the Group has focused on strengthening operational efficiency, expanding its digital offering and pursuing international growth opportunities. As the holding and financing vehicle of the Group, IZI Finance p.l.c. supports these operations by raising capital and on-lending funds to its subsidiaries to finance growth, expansion and strategic initiatives. 

Use of proceeds 

The net proceeds from the €30 million 5.5% unsecured bonds due 2036 (expected to amount to approximately €29.5 million after expenses) will primarily be used to support the Group’s next phase of growth and international expansion. Approximately €4 million will be allocated towards the partial refinancing of existing bank facilities, thereby optimising the Group’s capital structure and enhancing financial flexibility. 

The remaining proceeds — approximately €23 million — will strengthen the Group’s funding capacity to identify, evaluate and execute international strategic opportunities, in line with its broader internationalisation strategy. A further €2.5 million will be applied towards general corporate purposes, including working capital and operational support associated with its expanding footprint. Collectively, the bond issue is intended to reinforce the Group’s financial platform while positioning it for continued development both locally and abroad. 

How to apply 

The bond offer is open to existing bondholders of the 4.25% IZI Finance Plc Unsecured 2029 bond through an Existing Bondholders’ Offer and the public through an Intermediaries’ Offer. 

There are no fees to apply, this includes both nominee and non-nominee (certificated) applications. 

If you are interested in participating in the Bond Issue and need to fund your account with us, we strongly recommend that you send a bank transfer to the IBAN provided on your account for fast straight-through processing. This can be found easily on your portfolio and statement reports or via the Moneybase platform. Please contact customer care if you are unable to locate this. You can also fund your account by card through the Moneybase platform.

Online

Our award-winning platform, Moneybase is available as an app on both Android and IOS app stores and on the web. 

Existing bondholders of the 4.25% IZI Finance Plc Unsecured 2029 can apply through the Moneybase platform by looking up the security below and specifying the amount of bonds they wish to subscribe for:

• 5.5% IZI Finance plc unsecured 2036 Existing

Existing certificated bondholders of the 2029 bonds are requested to provide a completed ‘Application Form – Existing bondholders’ that has been provided to them. If you hold your bonds under our nominee, no form is required.

General Applicants wishing to apply under the Intermediaries Offer can look up the following instrument on Moneybase and specify the amount of bonds they wish to subscribe for:

• 5.5% IZI Finance unsecured 2036 General

The minimum application amount is €2,000 and in multiples of €100 thereafter.

Advisory

Financial Advisory clients who wish to seek financial advice or who prefer to speak to their financial advisor can fund their account and visit one of our branches (Birkirkara, Mosta, Sliema and Fgura) or contact us via email on [email protected], calling us on +356 25 688 688 or book an appointment. 

If you need assistance our ISO-certified customer care team is available to assist 7 days a week.

Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

The value of the investment can go down as well as up. Prospective investors wishing to subscribe to the bonds should make their own assessment and carefully consider the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the bonds and should seek the assistance of a financial advisor if in doubt. This advertisement 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.