JD Capital p.l.c. announced the continuance of their €25,000,000 secured bond issuance programme, with an issuance of a second series of €11,000,000 6% Secured Bonds 2033 (the “New Bonds”). The bonds are secured by the Secured Property as defined in the Base Prospectus of the Issuer dated 3 October 2022. 

The Dimech family, namely Mr Josef Dimech and his father Mr Joe Dimech, has been in the business of aluminium, steel, and stainless steel works for the past 40 years, having established the business in 1979. After learning the trade first-hand in the Msida wrought iron works garage of his father, Mr Josef Dimech, took on the challenge of developing what was his mere pastime into a business and career in itself, with Mr Josef Dimech quickly expanding the family’s business through a steadily growing portfolio of clientele. 

Over the years, the Dimech family consolidated its position in the steel and aluminium works industries, with a critical milestone being reached as early as 2004, when Mr Josef Dimech took over the reins of the family business and established JSDimech Limited in 2004. The next watershed moment came in the very same year, with JSD moving its operations from its founding premises in Msida to larger premises in Birkirkara. 

More info about this bond issue on this link.