Application for Authorisation for Admissibility to Listing of €80,000,000 Hili Finance Company p.l.c.

Application for Authorisation for Admissibility to Listing of €80,000,000 Hili Finance Company p.l.c. 3.80% Unsecured Bonds 2029

 

The Board of Directors of Hili Finance Company p.l.c. announces that it has submitted an application to the Listing Authority of the Malta Financial Services Authority requesting the admissibility to listing of €80,000,000 Hili Finance Company p.l.c. 3.80% unsecured bonds 2029 guaranteed by Hili Ventures Limited (the “Bonds”).

 

Application will be made in respect of the Bonds to the Malta Stock Exchange for admittance to its official list and for trading to commence thereafter.

 

Subject to obtaining regulatory approval, a total equivalent to €40 million in Bonds will be reserved for subscription by Preferred Applicants which include Hili Ventures Stakeholders (shareholders, directors and employees of any company forming part of Hili Ventures group as at 17 July 2019) and Hili Ventures Bondholders. Hili Ventures Bondholders consist of bondholders in any of the:

 

- 5.1% 1923 Investments p.l.c. unsecured bonds 2024

- 4.5% Hili Properties p.l.c. unsecured bonds 2025

- 3.75% Premier Capital p.l.c. unsecured bonds 2026

- 3.85% Hili Finance Company p.l.c. unsecured bonds 2028

 

appearing on the respective register as at close of business on 17 July 2019 with the last trading date being on 15 July 2019 (the “Cut-Off Date”).

 

The remaining €40 million in Bonds will be available for subscription by the general public.

 

Further detailed information on the Bonds shall be available in the prospectus which will be published in due course following attainment of the necessary approvals by the Listing Authority.

 

To view the official announcement click on the download below








Official Announcement





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