International Hotel Investments plc - Application for a New Bond Issue

On 4 September 2023, International Hotel Investments plc announced that it has filed an application with the Malta Financial Services Authority requesting admissibility to listing of unsecured bonds maturing in 2033.

Subject to regulatory approval, IHI will be giving preference to holders of 5.8% unsecured bonds 2023 and 6.0% unsecured bonds 2024 to subscribe to the new bonds by surrendering the corresponding nominal value of bonds held, as most of the proceeds of the new bonds will be used to redeem the bonds maturing in 2023 and 2024 respectively. Further details will be published once regulatory approval is obtained.