MM Triton Malta Finance plc - Details of New Bond Issue
On 28 February 2026, MM Triton Malta Finance plc published a Prospectus following regulatory approval for the admissibility to listing on the Official List of the Malta Stock Exchange of €45 million 5.50% secured bonds maturing in 2032.
MM Triton Malta Finance plc is the finance arm of MM Triton Holdco Limited (the Guarantor), a company registered under the laws of England and Wales. Through separate subsidiaries, the Guarantor will own and operate two hotels in Marlow and Reading following the completion of the acquisitions related to a December 2025 share purchase agreement.
The salient details of the new bond issue are as follows:
Coupon:
5.50%
Amount Offered:
€45 million (nominal)
Issue Price:
100% (par)
Maturity:
2 April 2032
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, unconditional, and secured obligations of the Issuer, guaranteed by the Guarantor, and will, at all times, rank pari passu, without any priority or preference among themselves. The bonds will be secured by the collateral documents having an English-law governed first-ranking fixed charge by way of legal mortgage over the leasehold title to the Marlow Hotel, an English-law governed first-ranking fixed charge by way of legal mortgage over the leasehold title to the Reading Hotel, and the English-law governed first-ranking debenture constituting a floating charge over the assets of the Guarantor.
Use of Proceeds:
The net proceeds from the bond issue, estimated at €43.9 million (approx. GBP38.5m) after issuance costs, will be used as follows:
- €26.8 million (approx. GBP23.5m) to part-finance the acquisition of the Marlow hotel
- €17.1 million (approx. GBP15.0m) to part-finance the acquisition of the Reading hotel
Plan of Distribution:
The entire amount of €45 million has been reserved for subscriptions by Authorised Financial Intermediaries through Placement Agreements and a Direct Public Offer.
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:
Prospectus dated 27 February 2026
Bond Fact Sheet dated 2 March 2026
Disclaimer:
This webpage has been prepared based on the Prospectus dated 27 February 2026 issued by MM Triton Malta 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.
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.