BNF Bank plc - Bond Issue Oversubscribed

On 22 July 2022, BNF Bank plc announced that it received applications for a total value of over €20 million for its recent offer of €20 million 4.5% unsecured subordinated bonds 2027/2032. A total of €5.615 million were allocated to Authorised Financial Intermediaries through Pre-Allocation Agreements. Moreover, the remaining balance of €14.385 million were allocated to Authorised Financial Intermediaries via an Intermediaries’ Offer.

The new bonds were admitted to trading on the Official List of the Malta Stock Exchange on 22 July 2022. Trading may commence from 25 July 2022.