SD Finance p.l.c. announces 5.2% Unsecured Bonds maturing in 2031 

SD Finance p.l.c. has announced the issuance of €33,000,000 5.2% Unsecured Bonds maturing in 2031, with a nominal value of €100 per bond issued and redeemable at par. 

The entire €33,000,000 in nominal value of Bonds being issued has been reserved for subscription by Preferred Applicants: 

1. the holders of the 4.35% unsecured bonds 2027 issued by the Issuer 

2. directors, employees, and shareholders of any company forming part of the db Group 

Find out more details on the Base Prospectus and Final Terms below. 

Business Overview 

The issuer’s principal activity is that of a finance company.  The issuer does not itself carry on any trading activities apart from raising capital and advancing it to members of the Group as and when the demands of their business so require. Accordingly, the Issuer is economically dependent on the Group. 

The Guarantor is the holding company of the Group and holds investments in a number of subsidiaries operating in the following sectors: hospitality, F&B, and property development. 

The Group is primarily engaged in three (3) primary business divisions, namely ‘Hospitality & Leisure’, ‘Food & Beverage’ and ‘Property Development’. In line with its long-term growth strategy, the Group continues to actively pursue opportunities to diversify its business portfolio. This includes a strategic investment in industrial laundry services, aimed at leveraging operational synergies and expanding into complementary service areas. 

Use of proceeds 

The proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €32,400,000 shall be used for the following purposes:  

1. approximately €7,000,000 shall be on-lent to db Porto Hotel Limited.  Such amount shall go towards the repayment, in full, of an existing inter-company loan entered into by and between db Porto Hotel Limited (in its capacity as borrower) and the Guarantor (in its capacity as lender), in connection with the acquisition of the property and business of the Xemxija Bay Hotel; 

2. approximately €20,000,000 shall be on-lent to db San Gorg Property Limited. Such amount shall go towards the repayment of an existing inter-company loan entered into by and between db San Gorg Property Limited (in its capacity as borrower) and the Guarantor (in its capacity as lender), in connection with the development of the St. George’s Bay Project; and  

3. approximately €5,400,000 shall be utilised for general corporate funding purposes. 

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 instrument below and specify the amount of bonds you would like to subscribe: 

• 5.2% SD FINANCE 2031 Preferred Applicant  
   

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

Non-nominee applications must be accompanied by an original application form. 

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 our customer support on +356 25 688 688 or on www.cc.com.mt. 

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

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. 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.