Island Hotels Group Holdings p.l.c. – New Bond Issue

Island Hotels Group Holdings p.l.c. announced that it is going to issue €35 million, 6% bonds redeemable on May 15, 2024. The bonds will be issued at par, with an initial amount invested of not less than €2,000 and increasing in multiples of €100 thereafter.

The net proceeds will mainly be used by the company for the refurbishment and construction works at the Radisson Blu Resort in St. Julians; the development and operation of the COSTA Coffee brand – both locally and in Spain; and for other general corporate funding purposes.

For more information contact us by e-mail on [email protected] or call one of our offices in Valletta, Ta' Xbiex, St Paul's Bay and Birkirkara on freephone 80072206.