New Bond Issue – International Hotel Investments plc
Following regulatory approval received on 28 June 2016, International Hotel Investments p.l.c. announced that it will be issuing €55,000,000 4% Secured Bonds redeemable in 2026 with a nominal value of €100 per Bond, issued at par. The bond will be guaranteed by IHI Magyarország Zrt – the owner and operator of the Corinthia Hotel Budapest.
The Company will be granting preference of up to €30 million to IHI shareholders appearing on the register of the Company on the Official List of the Malta Stock Exchange as at close of business on 30 June 2016 (the “Cut-off Date”) to subscribe to the New Bonds.
Applications are now open. 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 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.
Please note that our branch in St Paul’s Bay is only open by appointment.