Bank of Valletta plc - Bond Issue Oversubscribed

On 8 March, Bank of Valletta plc announced that due to over-subscription the Bank closed the offering of its €50 million 4.8% Subordinated bond Issue. BOV may opt to exercise its over-allotment option and increase the amount of the 10-year bond issue to a maximum of €70 million.

The Bank is expected to publish its allocation policy in the coming days.