VBL p.l.c. has announced the issuance of €10,000,000 5.2% Secured Bonds redeemable in 2030-2034, having a nominal value of €100 per bond issued and redeemable at par. 

The Prospectus can be accessed by clicking here.  

Business Overview 

The Company is involved in the real estate industry, with a niche focus on identifying, acquiring, developing and managing real estate in Valletta. The Group’s strategy involves creating a diverse portfolio of operational and development assets, consisting of hospitality (accommodation) assets, for both short and long-term lets, and commercial real estate consisting of retail, entertainment, and office space. 

Use of Proceeds 

The proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €9.7 million, shall be used as follows:  

  1. the amount of circa €5.2 million shall be utilised for the: (i) completion of Silver Horse Project Phase 2 and Orangery Lodge Phase 2; and (ii) planning and preparation of Silver Horse Phase 3 for development;  
  1. the amount of circa €1.2 million shall be utilised for the Group’s projected capital expenditure requirements in connection with the refurbishment and upgrade of the Group’s existing, owned and leased properties including, residential units, office spaces, hospitality accommodation, food & beverage outlets and retail outlets; and  
  1. the amount of circa €3.3 million shall be utilised for general corporate funding purposes of the Group. 

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: 

The minimum application amount is €5,000 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 chat with us via live chat in app. 

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).

Marketing Communication: This is a complex instrument. 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.