Hili Finance Company plc - Preliminary Details Of New Bond Issue
On 3 December 2025, Hili Finance Company plc announced the preliminary details pertaining to an upcoming new bond issue of €60 million unsecured bonds having a coupon of 5.00% and maturing in 2033.
The company explained that is expecting regulatory approval from the Malta Financial Services Authority (MFSA) over the coming weeks and the offer period to commence from 7 January 2026.
Subject to regulatory approval, the bonds shall be available for subscription to all categories of investors, subject to a minimum application of €3,000, and will be allocated as follows:
- €32.5 million will be reserved for holders of 3.75% Premier Capital plc unsecured bonds 2026 as at close of trading on Thursday 4 December 2025 by way of exchangeable bond transfer, subject to any cash top-ups if applicable.
- €17.5 million together with any unallocated balance from the exchangeable bond transfer will be reserved for excess amounts applied for by holders of the 3.75% Premier Capital 2026 bonds as well as shareholders, bondholders, directors and employees of any company within the Hili Ventures Group as at Thursday 4 December 2025, without priority or preference.
- €10 million together with any remaining balance will be available to the general public.
Hili Finance Company plc explained that further information will be available in the prospectus which will be published following receipt of the necessary approval by the MFSA. Meanwhile, in view of the exchangeable bond transfer, Premier Capital plc announced that trading in its bonds will be suspended following the close of trading on 4 December 2025 until further notice.