Hili Finance Company plc – Preliminary Details Of New Bond Issue

cyber

December 3, 2025

Market News
3 December, 2025
3 min read
Market News
3 December, 2025
3 min read

Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.

3 December 2025, Hili Finance Company plc announced the preliminary details pertaining to an upcoming new bond issue of €60 million unsecured bonds having a coupon of 5.00% and maturing in 2033.

The company explained that is expecting regulatory approval from the Malta Financial Services Authority (MFSA) over the coming weeks and the offer period to commence from 7 January 2026.

Subject to regulatory approval, the bonds shall be available for subscription to all categories of investors, subject to a minimum application of €3,000, and will be allocated as follows:

  • €32.5 million will be reserved for holders of 3.75% Premier Capital plc unsecured bonds 2026 as at close of trading on Thursday 4 December 2025 by way of exchangeable bond transfer, subject to any cash top-ups if applicable.
  • €17.5 million together with any unallocated balance from the exchangeable bond transfer will be reserved for excess amounts applied for by holders of the 3.75% Premier Capital 2026 bonds as well as shareholders, bondholders, directors and employees of any company within the Hili Ventures Group as at Thursday 4 December 2025, without priority or preference.
  • €10 million together with any remaining balance will be available to the general public.

Hili Finance Company plc explained that further information will be available in the prospectus which will be published following receipt of the necessary approval by the MFSA. Meanwhile, in view of the exchangeable bond transfer, Premier Capital plc announced that trading in its bonds will be suspended following the close of trading on 4 December 2025 until further notice.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

On 3 December 2025, Hili Finance Company plc announced the preliminary details pertaining to an upcoming new bond issue of €60 million unsecured bonds having a coupon of 5.00% and maturing in 2033.

The company explained that is expecting regulatory approval from the Malta Financial Services Authority (MFSA) over the coming weeks and the offer period to commence from 7 January 2026.

Subject to regulatory approval, the bonds shall be available for subscription to all categories of investors, subject to a minimum application of €3,000, and will be allocated as follows:

  • €32.5 million will be reserved for holders of 3.75% Premier Capital plc unsecured bonds 2026 as at close of trading on Thursday 4 December 2025 by way of exchangeable bond transfer, subject to any cash top-ups if applicable.
  • €17.5 million together with any unallocated balance from the exchangeable bond transfer will be reserved for excess amounts applied for by holders of the 3.75% Premier Capital 2026 bonds as well as shareholders, bondholders, directors and employees of any company within the Hili Ventures Group as at Thursday 4 December 2025, without priority or preference.
  • €10 million together with any remaining balance will be available to the general public.

Hili Finance Company plc explained that further information will be available in the prospectus which will be published following receipt of the necessary approval by the MFSA. Meanwhile, in view of the exchangeable bond transfer, Premier Capital plc announced that trading in its bonds will be suspended following the close of trading on 4 December 2025 until further notice.