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Hili Finance Company p.l.c. – New Bond Issue

MeDirect Bank (Malta) plc would like to announce that we are accepting applications for anyone interested in the new Bond Issue by Hili Finance Company p.l.c. (the “Issuer”).

Issue by Hili Finance Company p.l.c. (“Issuer”) of an offer of €80,000,000 5% Unsecured Bonds 2029 (“Bonds”)

In terms of Rule 4.48 of the Capital Markets Rules, notice is hereby given that Hili Finance Company p.l.c. has issued a Prospectus dated 3 June 2024 relating to an offer of Bonds.

The Bonds are guaranteed jointly and severally by Hili Ventures Limited (C 57902), a private limited liability company registered under the laws of Malta.

The Bonds are being issued to the public in accordance with the Capital Markets Rules of the Malta Financial Services Authority. The Bonds are expected to be admitted to the Official List of the Malta Stock Exchange on the 24 July 2024 and trading is expected to commence on the 27 July 2024.

You can download a copy of the Prospectus from here .

There are three options on how you can apply:

  • 5% Hili Finance Company Plc 2029 – Exchange
  • if you are an existing holder of 5.1% 1923 Investment plc bonds due 4 December 2024 you can exchange to the new bonds and even top up with more new bonds.

  • 5% Hili Finance Company Plc 2029 – Preferred 
  • if you are a Preferred Applicant by being an existing holder of listed securities (as of 31 May 2024) including Harvest Technology plc, Hili Properties plc, Premier Capital plc and Hili Finance Company plc.

  • 5% Hili Finance Company Plc 2029 – General Public 
  • if you are a retail investor and wish to subscribe for the new bonds.

The minimum application amount is €3,000 and in multiples of €100 thereafter.

At MeDirect we accept applications under nominee only.

MeDirect will be accepting applications from anyone who is interested, according to the above categories. All applications must be received by Monday 8th July 2024. In the event of of over-subscription, the Issuer reserves the right to close the Offer Period before this date.

If you wish to apply please send us a secure message via online banking or mobile app or speak to your 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 article 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 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 is intended only for the use of the recipient and shall not be reproduced in any way, whether in whole or in part, by the recipient. Any unauthorised disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.

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We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.