MM Triton Malta Finance p.l.c. announces 5.5% Secured Bonds maturing in 2032

MM Triton Malta Finance p.l.c. has announced the issuance of €45,000,000 5.5% Secured Bonds redeemable in 2032, 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

MM Triton Malta Finance p.l.c. is a Malta-incorporated special purpose vehicle set up to raise funding for the MM Triton Group through the issuance of secured bonds. The Issuer itself does not carry out trading activities and is fully owned by MM Triton Holdco Limited, the Group’s UK holding company and guarantor of the bonds. The Group has been established to acquire and own hotel assets in the United Kingdom, with its initial focus being two operational hotels located in Marlow and Reading.

Following completion of the acquisition, the Group’s principal assets will consist of the Crowne Plaza Marlow and the Crowne Plaza Reading. Both hotels operate under the internationally recognised Crowne Plaza brand pursuant to franchise agreements and are managed by a professional hotel operator. The Group’s strategy is centred on owning income-generating hospitality assets in established UK locations, benefiting from brand recognition, operational scale and exposure to the UK corporate and leisure travel markets.

Use of proceeds

The bond issue of up to €45 million (with expected net proceeds of approximately €43.9 million after expenses) will be on-lent by the Issuer to the Guarantor to part-finance the acquisition of the two UK hotel properties. Specifically, approximately €26.8 million will be advanced to the Group vehicle acquiring the Marlow hotel entities, while approximately €17.1 million will be advanced to the Group vehicle acquiring the Reading hotel entities.

In essence, the bond proceeds are being used to fund the equity and acquisition financing required to purchase the companies that own and operate the two hotels. The bonds are secured and benefit from a joint and several guarantee from the UK holding company, with security granted over the underlying hotel assets through the structure described in the Prospectus.

How to apply

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.

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:

5.5% MM Triton Malta Finance Plc Secured 2032

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.