New Bond Issue – Corinthia Finance plc

Following regulatory approval, Corinthia Finance p.l.c. announced that it will be issuing €40,000,000 4.25% Unsecured Bonds redeemable in 2026 with a nominal value of €100 per Bond, issued at par. Furthermore, the Company announced that the Board of Directors has resolved to redeem the €39,927,600 6.25% Unsecured Bonds 2015-2019 (ISIN: MT0000101239) (the “Exchangeable Bonds”) on 24 September 2016 in accordance with the terms of the prospectuses dated 28 August 2009 and 12 February 2010. 

The Company will be granting preference to holders of the Exchangeable Bonds, as at 15 March 2016 (the “Cut-off Date”), to subscribe to the Bonds by surrendering the Exchangeable Bonds. Furthermore, bondholders transferring all of the Exchangeable Bonds may apply for additional Bonds. Applications must be for a minimum value of €2,000. 

Application forms have been mailed to holders of the Exchangeable Bonds by the Issuer. All applications for the subscription of Bonds by Existing Bondholders by means of Exchangeable Bond Transfer must be submitted on pre-printed Application Forms by April 8, 2016.

In the event that the total amount of applications received from Existing Bondholders does not exceed €40,000,000, an Intermediaries' Offer will take place on Aril 12, 2016.

You may contact us by phone on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Valletta, Ħamrun, Birkirkara, St. Paul’s Bay or Ta’ Xbiex (by appointment). We will be pleased to answer any queries you may have on this issue and assist in the completion of all the necessary forms at one of our offices.