On 22 February, Eden Finance plc announced that it has submitted an application to the Listing Authority of the Malta Financial Services Authority (MFSA) in connection with a new €35 million unsecured bond maturing in 2027.
The Directors also resolved to redeem the outstanding €13.98 million 6.6% bond on 16 June 2017, being the first early redemption date. The announcement further explained that the Issuer will be granting preference to holders of existing bonds as at the close of trading on 23 March 2017 to subscribe to the new bonds. Trading in the existing bonds will be suspended as from 24 March 2017.
Further details will be published by Eden Finance plc following approval by the Listing Authority.