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Bonnici Bros. Properties p.l.c. (the “Issuer”) has announced the issuance of €12,000,000 5.25% Unsecured Bonds maturing in 2033, having a nominal value of €100 per bond issued and redeemable at par.
Bonnici Bros will be tapping the market with an overall bond issuance program of €16,000,000 as stated in the prospectus.
The Base Prospectus can be accessed HERE
The Final Terms can be accessed HERE
In 2018, the Bonnici Group, as defined in the Base Prospectus, took the strategic decision to transfer all its immovable property out of the Bonnici Group to a separate company, the Issuer, owned by the same ultimate shareholders. The objective of asset restructuring of the immovable property outside the Bonnici Group was to maximise the proper economic and investment diversification in order to expand the real estate sector through long-term strategies.
The Issuer has a diversified property portfolio which allows it to maximise its returns from a number of different sectors, which include the industrial, construction, hospitality, residential and academic sectors.
Use of Proceeds
The principal purpose of the Bonds is to diversify the property portfolio and income stream of the Issuer.
The net proceeds from the Bonds, which net of expenses are expected to amount to approximately €11,850,000, will be utilised for the following purposes;
How to Apply:
OnlineShould you wish to apply online you can do so easily via our Moneybase Invest platform which is available as an app on both Android and IOS stores and also on the web https://live.moneybase.com. Simply log in and search for 5.25% Bonnici Bros. Properties 2033 and follow instructions accordingly. If you need assistance our ISO-certified customer care team is available to assist 7 days a week.
AdvisoryFinancial Advisory clients who wish to seek financial advice or who prefer to speak to their financial advisor can visit one of our four branches (Birkirkara, Mosta, Sliema and Fgura) or contact us by replying to this email, contacting us on +356 25 688 688 or via live chat on www.cc.com.mt
The minimum application amount is €2,000 and in multiples of €100 thereafter.
Non-nominee applications will be subject to a €25 fee.
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. 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.
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
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