MeDirect Bank (Malta) plc is pleased to announce that we are accepting applications for the €30 million bond issue by IZI Finance p.l.c., which has been approved by the Malta Financial Services Authority and will be listed on the Official List of the Malta Stock Exchange.
IZI Finance p.l.c. is the financing and holding company of IZIGROUP, one of Malta’s leading gaming and entertainment groups. The company acts as the central finance vehicle for the Group, holding share interests in its operating subsidiaries and supporting their business activities through capital, funding and financial management.
The proposed bonds will be 5.5% unsecured bonds redeemable in 2036, with a nominal value of €100 per bond. The bonds are intended to be available for subscription by all categories of investors, including existing holders of the €30 million 4.25% unsecured bonds 2029 issued by the Company, as well as the general public.
Purpose of the bond
The bond issue is being undertaken to support the next phase of IZIGROUP’s international expansion strategy, with the Board of Directors having identified a number of feasible and well-advanced growth opportunities beyond the domestic market that the company aims to pursue in a disciplined and sustainable manner. The proceeds raised from the new bond issue are expected to provide the financial flexibility required to pursue these opportunities and to support the longer-term strategic development of the group.
Bond Details:
- Issuer: IZI Finance p.l.c.
- Bond Type: Unsecured bonds
- Amount: Up to €30,000,000
- Coupon: 5.5% per annum
- Denomination: €100 per bond
- Minimum application amount: €2,000 and in multiples of €100 thereafter;
- Term: Redeemable in 2036
- Security: Unsecured, ranking pari passu with other unsecured obligations of the Issuer
Offer Period
The offer period during which the Bonds will be available for subscription is expected to run from 3 March 2026 to 24 March 2026, though this period may be shortened or extended depending on subscription levels.
Subscription Allocation
The Bonds shall be available for subscription to all categories of investors, subject to a minimum application of €2,000, as follows:
- an amount of up to €15 million in nominal value of Bonds, has been reserved for subscription by the Authorised Financial Intermediaries entering into placement agreements with the Company;
- an amount of €7.5 million in nominal value of Bonds, together with any amount not taken up pursuant to (i) above and (iii) hereunder shall be made available for subscription by holders of the €30 million 4.25% unsecured bonds 2029 (ISIN: MT0002631209) appearing on the register of bondholders as at the cut-off date of 25 February 2026 (last trading date being 23 February 2026); and
- an amount of €7.5 million in nominal value of Bonds together with any amount not taken up pursuant to (i) and (ii) above shall be made available for subscription by Authorised Financial Intermediaries pursuant to an intermediaries’ offer.
Who Can Apply:
- Preferred Applicants holders of the €30 million 4.25% IZI Finance p.l.c. unsecured bonds 2029 (ISIN: MT0002631209) appearing on the register of bondholders as at the cut-off date of 25 February 2026 (last trading date being 23 February 2026)
- General Public applications will also be accepted.
How to Apply with MeDirect:
Full details, including the summary, the registration document and the Securities Note, are available in the documents published by IZI Finance p.l.c. on their website https://izigroup.com/investors/bond-2026/
Investors wishing to apply may do so by:
- Sending a Secure Message via Online Banking or Mobile App, or
- Contacting their Relationship Manager directly.
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 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.
