MeDirect Bank (Malta) plc is pleased to announce that we are now accepting applications for the new unsecured bond issued by International Hotel Investments plc. The bond amounts to €30,000,000, carries an interest rate of 5.25% per annum, and has a nominal value of €100 per bond, redeemable in 2036, following approval by the Listing Authority. This issuance represents the first tranche of the company’s unsecured bond programme, which allows for a total issuance of up to €115,000,000.
About the issuer:
International Hotel Investments plc. is a public limited liability company registered under the laws of Malta with company registration number C 26136. The Issuer is an investment company which carries on business relating to the ownership, development and operation of hotels, residential and commercial real estate. The Issuer holds investments in subsidiary and associate companies through which it furthers the business of the Group.
Purpose of the Bond Issue:
The proceeds from the Bond Issue shall be used by the Issuer to redeem and cancel a maximum amount of €30,000,000 of the Maturing Bonds being the 4% International Hotel Investments p.l.c. secured bonds 2026 (ISIN: MT0000111303) redeemable on 29 July 2026, issued by the Issuer by virtue of a prospectus dated 28 June 2016, amounting to €55,000,000.
The remaining amounts required by the Issuer for the redemption of the Maturing Bonds, won’t be raised through this Bond Issue, but shall be financed from the Group’s general cash flow and, or banking facilities.
• Issue size: €30,000,000
• Coupon rate: 5.25% per annum
• Coupon payment frequency: Annually
• Maturity date: 14th July 2036
• Status: The Bonds will constitute direct, unconditional, unsecured and unsubordinated the Bonds of the Issuer and shall, at all times, rank pari passu without any preference among themselves and, save for such exceptions as may be provided by applicable law, without priority or preference to all present and future unsecured obligations of the Issuer.
• Min subscription: €2,000, with additional subscriptions in multiples of €100
Full details about this bond are set out in the Prospectus dated 10th June 2026 which can be accessed through: – 20260609_IHI_Final-Terms-S1-T1.pdf
In accordance with the Final Terms, Maturing Bondholders may not apply for an amount exceeding their holding as at the Cut-Off Date, except where their holding is below €2,000, in which case a top-up is required to meet the minimum application amount.
Eligible 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.
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
