MeDirect Bank (Malta) plc would like to announce that we are accepting applications for the new bond issue by SD Finance p.l.c.
SD Finance p.l.c. has announced the issue of €33,000,000 unsecured bonds at 5.20% at a nominal value of €100 per bond, redeemable in 2031, following approval by the Listing Authority.
About SD Group
SD Holdings Limited (under the “db Group” umbrella) is a diversified group active in hospitality, entertainment, catering, healthcare, and related services.
- Hospitality & Leisure: The group owns and operates hotels and leisure facilities, including all-inclusive resort properties.
- Contract Catering & Healthcare Services: The group is involved in healthcare and catering services, including a stake in Malta Healthcare Caterers Ltd, catering to hospitals, retirement homes, and similar institutions.
- Financing & Corporate Structure: SD Finance plc (the Issuer) serves as the financing arm of the Group, raising capital through bond issues and on-lending to group companies.
This bond issue offers investors the opportunity to participate in the capital structure supporting the broader operations and expansion of SD / db Group.
Purpose of the Bond Issue
The net proceeds from this bond issue will be used to fund inter-company loans originally used for the acquisition of the Xemxija Bay Hotel (€7 million) and the development of St George’s Bay Project (€20 million), as well as for general corporate funding purposes (€5.40 million).
Issue Highlights
- Issue size: €33,000,000
- Coupon rate: 5.20% per annum
- Maturity date: 31 October 2031
- Status: Unsecured, guaranteed by SD Holdings Limited
- Minimum subscription: €2,000, with further subscriptions in multiples of €100
Eligibility & Offer Phases
Priority for applications will initially be given to:
- Holders of the €65,000,000 4.35% SD Finance p.l.c. Unsecured Bonds 2027, and
- Directors, employees, and shareholders of any company within the db / SD Group.
The record date (Cut-Off Date) for Preferred Applicants is close of business on 30 September 2025 (trading session of 26 September 2025). Only investors who meet one of the above criteria will be eligible for priority participation in the bond issue.
If the €33 million target is not fully subscribed in that phase, a broader Intermediaries’ Offer will be opened to additional investors.
How to Apply & Next Steps
- Eligible investors in the priority phase may apply through MeDirect with a minimum subscription of €2,000 (and multiples of €100).
- Should the initial allocation be undersubscribed, MeDirect will facilitate access to the Intermediaries’ Offer for other qualified investors.
Full details about this bond are set out in the Base Prospectus and Final Terms dated 3 October 2025 on the issuer’s website accessible from https://www.dbgroupmalta.com/investors.
Eligible MeDirect clients holding the 4.35% SD Finance p.l.c. Unsecured Bonds 2027 will receive a secure message outlining the application process. Interested clients may apply by sending a Secure Mail through the MeDirect platform or by contacting their Relationship Manager.
For further information, please call us on (+356) 2557 4400 or send an email to customerservice@medirect.com.mt.
The information set forth in this email is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue.
The financial instruments discussed are intended for retail clients, however, may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.
MeDirect Bank (Malta) plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. MeDirect Bank (Malta) plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect on your investment.
MeDirect Bank (Malta) plc, company registration number C34125, is licensed by the Malta Financial Services Authority under the Banking Act (Cap. 371) and the Investment Services Act (Cap. 370). This material shall not be reproduced in any way, whether in whole or in part. Any unauthorised disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.
