AGB Finance p.l.c. announced the first issuance of €16,300,000 5.4% Secured Bonds redeemable in 2035, having a nominal value of €100 per bond issued and redeemable at par. 

The Group is principally involved in the business of property ownership and rentals, namely the acquisition and/or development of immovable property and their rental to third parties in varied markets (accommodation and tourism, commercial and residential markets). 

The Guarantor’s current main investments and/or developments consist of the following: 

G HOTEL – ST. JULIANS – A finished 3-star hotel, constructed on a site situated at 52, Triq San Gorg, San Giljan.   

CORKS HOTEL – ST. JULIANS – This is a 3-star hotel development the construction whereof is due to start in the coming months, over a site situated at 56, Triq San Gorg, San Giljan, which will be adjacent to G Hotel.    

GZIRA HOTEL – GZIRA – This is another 3-star hotel development currently under construction, over a site situated at 14, 15, 16, 17 and 17A, Msida Road, Gzira. 

GZIRA COMMERCIAL OUTLETS – GZIRA – These are two adjacent finished commercial outlets, constructed on a site abutting on two different roads, one of which is situated at ‘Jungle Joy’, Msida Road, Gzira, whilst the other at ‘Chef Choice’, Triq ix-Xatt, Gzira. These are situated at ground floor. 

SLIEMA DEVELOPMENT – SLIEMA – This is a proposed development over a site situated at 80 and 80A, Sqaq il-Fawwara, Sliema.    

MISRAH IL-BARRIERI MSIDA DEVELOPMENT – MSIDA – This is a residential block constructed over a site situated at ‘Cantera Mansions’, Misrah il-Barrieri Street, Msida.    

More info about this bond issue on this link.