Mediterranean Bank Plc – Subordinated Bonds Issue 21 November 2012
Mediterranean Bank plc announed that the Listing Authority has approved the admissibility to Listing of the euro equivalent of €10,000,000 7.5% Subordinated Bonds 2019 ("Bonds"), subject to an Over-Allotment Option of the euro equivalent of an additional €2,500,000. The Bonds will be issued at par in tranches denominated in euro and pounds sterling, having a nominal value of €100 and £100 per Bond respectively.
The Bank has applied for the Bonds to be listed on the Official List of the Malta Stock Exchange.
Full details of the Issue of the Bonds are set out in the Prospectus dated 21 November 2012, copies of which will be available as of Monday 26 November 2012 from Mediterranean Bank branches and Authorised Financial Intermediaries listed in Annex I of the Prospectus.
To view the official company announcement, click here.