IZI Finance plc - Details of New Bond Issue

On 26 February 2026, IZI Finance plc published a Prospectus following regulatory approval for the admissibility to listing on the Official List of the Malta Stock Exchange of €30 million 5.50% unsecured bonds maturing in 2036. The salient details of the new bond issue are as follows:

Coupon:

5.50%

Amount Offered:

€30 million (nominal)

Issue Price:

100% (par)

Maturity:

2 April 2036

Interest Payment Date:

Annually on 2 April (first interest payment date is 2 April 2027)

Ranking of the Bonds:

The bonds will constitute the general, direct, unsecured, and unconditional obligations of the Issuer and will, at all times, rank pari passu, without any priority or preference among themselves, and, save for such exceptions as may be provided by applicable law, without priority or preference to all present and future unsecured obligations of the Issuer.

Use of Proceeds:

The net proceeds from the bond issue, estimated at €29.5 million after issuance costs, will be used as follows:

  • An amount of €23 million will be used to strengthen the Group’s financial position and enable the bid for an international concession. The Group’s international expansion strategy includes the evaluation and execution of strategic partnerships, entry into new markets and the development of potential new ventures.
  • An amount of €4 million will be used to refinance a loan facility granted by Bank of Valletta plc in connection with the implementation of the Group’s growth and early-stage international expansion initiatives.
  • The remaining balance of €2.5 million will be applied towards general corporate funding purposes.

Plan of Distribution:

  • An amount of €15 million has been reserved for subscriptions through Placement Agreements by Authorised Financial Intermediaries.
  • An amount of €7.5 million (together with any amounts not taken up through Placement Agreements) will be made available for subscription by existing bondholders of the 4.25% unsecured bonds 2029 as at close of trading on 23 February 2026.
  • An amount of €7.5 million (together with any amounts not taken up through Placement Agreements or by existing bondholders) will be allocated to Authorised Financial Intermediaries through an Intermediaries’ Offer.

Offer Period:

3 March to 24 March 2026 (or earlier at the discretion of the Issuer)

Minimum Subscription Amount:

€2,000 (nominal) and in multiples of €100 thereafter

Listing:

Official List of the Malta Stock Exchange

Expected Listing Date:

13 April 2026

Downloads:

Summary dated 26 February 2026

Registration Document dated 26 February 2026

Securities Note dated 26 February 2026

Bond Fact Sheet dated 27 February 2026

Investor Presentation – This document has been included on the Issuer’s website for informational purposes only. No reliance whatsoever should be placed upon this documentation as the basis of any investment decision to subscribe for any financial instruments issued by IZI Finance plc.

 

Disclaimer:

This webpage has been prepared based on the Prospectus dated 26 February 2026 issued by IZI 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 Bonds 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.

Rizzo, Farrugia & Co. (Stockbrokers) Limited is acting as Sponsor and Co-Manager of the Bond Issue.

This ADVERTISEMENT has been issued by Rizzo, Farrugia & Co. (Stockbrokers) Limited which is 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 a member of the Malta Stock Exchange. The Company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.