BNF Bank Plc – €15,000,000 4.5% Unsecured Subordinated Bonds Due 2027-2032 

BNF Bank Plc (“the Issuer”) has announced the issuance of €15,000,000 4.5% Unsecured Subordinated Bonds Due 2027-2032 with a nominal value of €100 per bond issued at par.

How to buy the Bonds: 
Orders can be submitted through one of our Financial Advisors in one of the following branches in Mosta, Sliema, B’kara and Fgura in view that, as per prospectus, the issue is available exclusively under  Financial Advisory service.  

The minimum subscription is of €10,000 and in multiples of €100 thereafter. 

General information on the business of the Issuer: 
BNF Bank is a key player in the Maltese financial services sector and aims to be the bank of choice for individuals and businesses, driven by the highest principles of ethical and social responsibility. The Bank offers personal and business clients highly personalised products and services, through its network of automated teller machines (ATMs) and deposit machines, and through a network of 12 retail branches spread across Malta, a corporate and business banking centre, a local trading room, as well as a strong team of customer care representatives. The Bank also offers commercial services to retail, small to medium sized enterprises (SMEs) as well as corporate customers. The Bank makes every effort not to treat customers as mere numbers and for this reason, the Bank has managed to carve lasting relationships with its customers while attracting new ones, who see the Bank as innovative and above all true to the promise of service personalisation. The Bank primarily operates within the Maltese market, but also has an international presence through its branch in London. The Bank also offers an array of services which gives it presence in the international market such as retail deposits raised through European online platforms and syndicated loan participants. 
 

The Bonds are complex financial instruments and subject to the risk of bail-in under the Bank Recovery and Resolution Directive. Therefore may not be suitable for all prospective investors. Subscription in the Bonds is subject to the overarching requirement that prospective applicants who are Retail Clients may only subscribe for Bonds after passing a Suitability Assessment. 

A copy of the Prospectus is available here 
 
All orders must be submitted by not later than the 22nd July 2022 at 17:00 (Closing date) however kindly be informed that the offering may close earlier if oversubscribed. 
  
Should you require more information, including personalised financial advice you call us on +356 25 688 688 or contact us via our live chat.

The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. Prospective investors wishing to subscribe for Bonds of the Issuer should do so on the basis of the Prospectus, including the Risk factors contained therein.  The Bonds constitute subordinated and unsecured obligations of the Issuer. The Issuer is subject to the Bank Recovery and Resolution Directive (BRRD) as transposed in local laws that allow the Resolution Committee appointed by the Resolution Authority to exercise resolution tools including the power to write-down or convert the Bonds in the event the Issuer is under Resolution. Therefore, Bondholders may lose part or all of their investment. An investment in the Bonds of the Issuer may not be suitable for all investors and prospective investors are to consult their Financial Advisor so as to ensure the suitability of an investment in the Bonds 

This communication has been 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.