CBC (Central Business Centres) plc has announced the issuance of €21,000,000 4% Unsecured Bonds maturing in 2033 (subject to an early redemption option by the issuer) and having a nominal value of €100 per bond which shall be issued at par.
A copy of the prospectus is available here.
Add the Bond to your portfolio.
Business Overview
Established as a property development company, operating principally within the real estate and property market, CBC plc’s key objectives are to carry on the business of a finance, investment, property development and property-owning company, while it also oversees the financing or re-financing of its subsidiaries or associated companies’ funding requirements.
Over the years, CBC has purchased and developed a number of business centres which it currently operates. Consisting of office space and car park facilities, these are located in Zebbug, Gudja, as well as St. Julian’s, with the properties other than St. Julian's, enjoying a 100% occupancy.
The company is also restoring and renovating the dilapidated Villa Fieres, situated immediately next to and down the slope from the St. Julian’s parish church. The property is set to be transformed from a residential villa to a restaurant.
How to apply
Kindly follow the instructions below:
- Head over to the search bar at the top of your screen and input the instrument – 4% CBC plc 2033
- Click on the Buy button on the window located at the bottom of your screen.
- Next, a New Order page will appear where you’ll find details of your order, as well as the trade value. Subscriptions are subject to a minimum subscription amount of €2,000 in nominal value of Bonds and in multiples of €100 thereafter.
- All you need to do is simply hit the Place Order button at the very bottom and you’re all set.
All orders must be submitted by not later than the 27th of October @ 12:00hrs (Closing date).
The offer may close at an earlier date without prior notice as a result of over-subscription.
Non-nominee applications will be subject to a €25 fee.
A copy of the Summary is available here, Registration document here and Securities Notes here.
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Moneybase Invest offers direct market access and speed of execution and is intended for knowledgeable and experienced individuals taking their own investment decisions. The value of investments may go up and down and currency fluctuations may also affect investment performance.
The contents of this article are not intended to be taken as a personal recommendation to invest but strictly based on research and for information purposes only. Retail investors should contact their financial adviser for a suitability assessment prior to taking any investment decisions.
The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. Prospective investors wishing to subscribe for Bonds of the Issuer should do so on the basis of the Prospectus, including the Risk factors contained therein. An investment in the Bonds of the Issuer may not be suitable for all investors and prospective investors are urged to consult their Financial Advisor so as to ensure the suitability or appropriateness of an investment in the Bonds.
