Sector: Tourism

Phoenicia Finance Company plc (the Issuer) as well as Phoenicia Malta Limited and Phoenicia Hotel Company Limited (collectively referred to as the Guarantors) are ultimately owned by Mark D. Shaw, a British entrepreneur and property developer with extensive experience in development, particularly within the leisure sector in Europe.

Eden Finance plc is the financing arm of Eden Leisure Group Limited which in turn is engaged in the ownership of a varied portfolio of business entities in the hospitality and entertainment industries in Malta. In addition, the Eden Leisure Group holds a number of properties which are leased out to third parties.

SD Finance plc is the financing arm of SD Holdings Limited (db Group) which in turn is engaged in the Hospitality and Entertainment sectors (through the ownership and management of two all-inclusive hotels as well as a leisure complex and the franchisee of Hard Rock). In addition, the Group is also involved in the provision of contract catering and healthcare services in Malta.

Corinthia Finance plc is the financing arm of the Corinthia Group which in turn is principally engaged in investments that are predominantly focused on the ownership, development and operation of mixed-use real estate developments including hotels, residences, offices, retail areas as well as industrial and event catering, in various countries. The Corinthia Group’s main subsidiaries are International Hotel Investments plc and Mediterranean Investments Holding plc.

Tumas Investments plc is the financing arm of Spinola Development Company Limited which in turn owns the Portomaso Complex and the Halland site. The Portomaso complex includes the Hilton Malta hotel as well as residential units (sold to third-parties), a yacht marina, business tower, major conference venue, underground car park, restaurants and retail outlets.

Malta International Airport plc (MIA) develops, operates, and manages Malta’s only airport. MIA derives revenue from passenger and aircraft traffic as well as rent (from retail outlets within the airport terminal, outlets and office at SkyParks Business Centre and warehousing), advertising, parking the operation of the various retail outlets.

International Hotel Investments plc, together with its subsidiaries, owns, develops and operates hotels, as well as commercial centres. IHI has operations in various countries and operates its own hotels as well as third-party properties. IHI also has interests in events catering and project management.