CPHCL Finance plc - Details of New Bond Issue
On 14 November 2025, CPHCL Finance plc published a Prospectus in relation to a new €45 million bond issue maturing in 2035. The salient features of the new bonds are as follows:
Coupon:
5.35%
Amount Offered:
€45 million
Issue Price:
100% (par)
Interest Payment Date:
Annually on 18 December (with the first interest payment date being 18 December 2026)
Maturity Date:
18 December 2035
Use of Proceeds:
The net proceeds from the bond issue will be principally used by the Group for the redemption and cancellation of the €40 million 4.25% unsecured bonds redeemable on 12 April 2026. The remaining balance of around €4.2 million will be used for financing of existing and prospective capital expenditure projects to be undertaken by the Group.
Status & Ranking:
The bonds will constitute the general, direct, unsecured, and unconditional obligations of the Issuer, guaranteed jointly and severally by the Guarantor in respect of both the interest due and the principal amount and will, at all times, rank pari passu, without any priority or preference among themselves and with other unsecured debt of the Issuer, present and future, if any. Furthermore, third party security interests may be registered which will rank in priority to the Bonds against the assets of the Issuer and Guarantor for so long as such security interests remain in effect.
Plan of Distribution:
The bonds will be allocated as follows:
- An amount of €40 million is reserved for holders of 4.25% CPHCL Finance plc unsecured bonds up to the amount of bonds held as at 5 November 2025 and subject to any cash top-ups if applicable. Holders of the 4.25% CPHCL Finance plc unsecured bonds may apply for additional amounts (Excess Bonds).
- An amount of €5 million together with any balances not subscribed by existing CPHCL Finance plc bondholders will be made available for subscription by Authorised Financial Intermediaries through an Intermediaries’ Offer.
Offer Period:
From 17 November to 10 December 2025 at 12:00 hrs (or earlier in case of oversubscription)
Minimum Subscription Amount:
€2,000 (nominal) and in multiples of €100 thereafter.
Listing:
Official List of the Malta Stock Exchange
Download:
Prospectus dated 12 November 2025
Fact Sheet dated 18 November 2025
Disclaimer:
This webpage has been prepared based on the Prospectus dated 14 November 2025 issued by CPHCL Finance plc and no representations or guarantees are made by Rizzo, Farrugia & Co. (Stockbrokers) Ltd with respect to the accuracy of the data. This webpage is for information purposes only. It is NOT intended to be and should NOT be construed as an offer or solicitation to acquire or dispose of any of the securities or issues mentioned herein. Rizzo, Farrugia & Co. (Stockbrokers) Ltd accepts NO responsibility or liability whatsoever for any expense, loss or damages arising out of, or in any way connected with, the use of all or any part of this webpage.
Investors wishing to acquire the Bond should read the Prospectus before making any investment decision in order to fully understand the potential risks and rewards associated with an investment in the Bonds. A copy of the Prospectus is available on Rizzo, Farrugia & Co. (Stockbrokers) Limited’s website. Prospective investors are urged to consult their financial advisers as to the suitability or otherwise of acquiring such Bonds. The value of the investment and the income therefrom may go down as well as up and investors may lose some or all of the money invested.
This advertisement has been issued by Rizzo, Farrugia & Co. (Stockbrokers) Limited, a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta, and having its registered address at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta