JD Capital p.l.c. announces 5.6% Secured Bonds maturing in 2035

JD Capital p.l.c. has announced the issuance of €40,000,000 5.6% Secured Bonds with a nominal value of €100 per bond to be issued at par due in 2035.

Please find the prospectus relating to the respective bond issue here.

Business Overview

The Dimech family has been in the business of aluminium, steel, and stainless-steel works for the past 40 years, having established the business, J’s Dimech, in 1979. After learning the trade first-hand in the Msida wrought iron works garage of his father, Mr Josef Dimech took on the challenge of developing what was his mere pastime into a business and career.

Over the years, Mr Josef Dimech began consolidating his position in the steel and aluminium works industries, with a critical milestone being reached as early as 2004, when, at the age of 25, Mr Dimech started his own business and established JSDimech Com-ind.

The next watershed moment came in the same year, with JSDimech Com-ind moving its operations from its family premises in Msida to larger premises in Birkirkara. By the age of 30, Mr Josef Dimech consolidated his position in the market through a steadily growing portfolio of clientele.

Use of proceeds

The proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €39,200,000, shall be used by the Issuer for the following purposes, in the amounts set out below:

• Up to €5,000,000 shall be used to acquire the Maturing Note from the Maturing Noteholder pursuant to the Maturing Note Transfer for redemption and cancellation
• Up to €8,500,000 shall be on-lent to ONEA Properties for the purpose of refinancing of the outstanding principal and interest due in terms of the FIMBank Facility
• Up to €3,456,000 shall be on-lent to Skorba Developments for it to finance the recission of the promise of sale of 10 apartments and four penthouses forming part of Skorba Mansions entered into with a third party company, for which payment had been received upon execution of a promise of sale agreement, plus interest accruing in favour of the said third party until the expected date of recission;
• Up to €2,535,000 shall be on-lent to JD Real Estate Development for the acquisition of Villa Delfini
• Up to €7,000,000 shall be on-lent to JD Operations for it to finance the purchase of 3PL equipment infrastructure described in section 6.2.5 of the Registration Document
• The remaining amount of circa €12,709,000 will be used by the Issuer for general corporate funding purposes of the Group

How to apply

The bond will be available to both Existing holders of the 7.25% JD Capital Plc 2025-2027 private placement bonds through a maturing bond transfer, and to the general public through 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

You can apply through our award-winning platform, Moneybase, available as an app on both Android and IOS app stores and on the web.

Should you prefer to apply online, kindly look up the following instrument on Moneybase and specify the amount of bonds for which you would like to subscribe:

5.6% JD Capital plc 2035 – General

Advisory

If you prefer to speak to a financial advisor you can simply visit one of our branches in Birkirkara, Mosta, Sliema and Fgura, or contact our customer support on +356 25 688 688. For further assistance you can also contact us through our in-app live chat, available 7 days a week.

The minimum application amount is €5,000 and in multiples of €100 thereafter.

The offer period closes on 9th May 2025 at 17:00 CET. The issuer reserves the right to close the offer period earlier.

Calamatta Cuschieri Investment Services Limited 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).

This is a marketing communication. This is a complex instrument. 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 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 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.