MeDirect Bank (Malta) plc is pleased to announce that we are now accepting applications for the new partially secured bond issued by Endo Finance plc. The bond amounts to €20,000,000, carries an interest rate of 5.75% per annum, and has a nominal value of €100 per bond, redeemable in 2036, following approval by the Listing Authority.
About the issuer:
Endo Finance plc is a Malta-based public limited company incorporated on the 20 November 2018 (Company Registration No. C 89481). The company is domiciled in Malta and has its registered office at 10 Timber Wharf, Marsa MRS 1443, Malta. It was established primarily as the financing arm of the Endo Group (formerly associated with the Palm Group maritime businesses).
The company itself does not conduct significant trading operations. Instead, its performance is largely dependent on the operating results of its underlying subsidiaries, especially Endo Tankers, which is involved in the acquisition, financing, management and chartering of commercial vessels.
Purpose of the Bond Issue:
The proceeds from the new €23 million bond issue will primarily be used to refinance existing higher-cost debt, including the repayment of the outstanding €4.8 million 6% Notes 2027 and the early redemption of the €7 million 7.5% Callable Notes 2027. The transaction is expected to streamline the Group’s debt maturity profile while providing long-term funding to support the continued development of Endo Group’s maritime operations and vessel portfolio.
Issue Highlights:
• Issue size: €23,000,000
• Coupon rate: 5.75% per annum
• Coupon payment frequency: Annually
• Maturity date: 18th August 2036
Status: The Bonds, as and when issued and allotted, shall constitute the general, direct, unconditional and partially secured obligations of the Issuer and shall be guaranteed jointly and severally by the Guarantor in respect of both the interest due and the principal amount under said Bonds. The Bonds shall at all times rank pari passu, without any priority or preference among themselves
Minimum subscription: €2,000, with additional subscriptions inmultiples of €100
Full details about this bond are set out in the Prospectus dated 16th July 2026 which can be accessed through: https://endofinance.com/
Interested clients may apply by sending a Secure Message through the MeDirect platform or by contacting their Relationship Manager. For further information, please call us on (+356) 2557 4400 or email customerservice@medirect.com.mt.
The information set forth in this article is for informative purposes only 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.
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