Sti­vala Group se­cured bonds fully al­lo­cated

The Malta Independent on Sunday - - BUSINESS & FINANCE -

Sti­vala Group Fi­nance plc has an­nounced the full al­lo­ca­tion of €45,000,000 4% Se­cured Bonds 2027 with Au­tho­rised Fi­nan­cial In­ter­me­di­aries on 18 Oc­to­ber 2017 in terms of the Prospec­tus dated 25 Septem­ber 2017. In ac­cor­dance with the plac­ing ar­range­ments, the Bonds so al­lo­cated to au­tho­rised fi­nan­cial in­ter­me­di­aries were dis­trib­uted to their re­spec­tive cus­tomers and/or held for their own ac­count.

In­ter­est on the Se­cured Bonds com­menced on 18 Oc­to­ber 2017. The Se­cured Bonds are ex­pected to be ad­mit­ted to list­ing on the Of­fi­cial List of the Malta Stock Ex­change on 30 Oc­to­ber 2017 and trad­ing to com­mence on 31 Oc­to­ber 2017.

Sti­vala Group Chair­man Michael Sti­vala said: “I wish to thank the in­vest­ing pub­lic, fi­nan­cial in­ter­me­di­aries and all those who worked to make this Bond Is­sue a suc­cess”.

From left to right: Carlo Sti­vala, Ivan Sti­vala, Michael Sti­vala, Martin John Sti­vala

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