PTL Holdings plc – New Bond Issue

PTL Holdings plc – a wholly owned subsidiary of Hili Ventures Limited announced the issue of a €36 million 5.1% Unsecured Bonds due in 2024. The minimum to subscribe in the pre-placement offer is of €25,000 while the minimum amount in the public offer has been set at €2,000. The net proceeds from the bond issue will be used by the issuer to repay a short term bank facility, which funds were utilised to finance the acquisition of SAD; to settle the remaining consideration due to the selling parties in relation to the acquisition of APCO; to repay loans issued by Hili Ventures Limited for the purchase of SAD and APCO; to settle expenses incurred in the acquisition of SAD and APCO, to refinance bank loans and for working capital purposes. Investors should refer to the prospectus dated November 3, 2014.

For more information contact us by e-mail on [email protected] or call one of our offices in Hamrun, Valletta, Ta' Xbiex, St Paul's Bay and Birkirkara on freephone 80072206. Interested clients should refer to the Prospectus dated November 3, 2014 which may be obtained from our office in hard copy or electronically by e-mail on request or by viewing on our website www.jesmondmizzi.com. 

This information is not intended to constitute an offer or agreement to buy or sell investments. The investment referred to in this notification may not be suitable or appropriate for every investor. No liability is accepted whatsoever for any loss howsoever arising from any information in this notification.  The value of investments can go down as well as up. Investors may get back less than their initial investment and past performance is no guarantee of future performance. Jesmond Mizzi Financial Advisors Limited or any connected company, their clients, officers and employees may have a position or engage in transactions in the bond issue. Mr. Jesmond Mizzi, Managing Director of Jesmond Mizzi Financial Advisors is a non-executive director of Hili Ventures Limited, the parent company of the Issuer.