Bank of Valletta plc - Listing of BOV Bonds

On 25 March, the Malta Stock Exchange announced that the recently issued €70 million 4.8% Bank of Valletta plc Subordinated Bonds 2020 have been admitted to the Official List. Trading in these Bonds is expected to commence as from Friday 26 March.

Part of the bond proceeds were used by BOV to finance the redemption of the 6.15% Subordinated Bonds which matured on 15 March 2010. The balance serves to enhance the Bank’s Tier II capital and to meet part of its funding requirements.

Comments are closed.