Excel Finance p.l.c. has announced the launch of €50,000,000 5.4% Secured Bonds redeemable in 2031, with a nominal value of €100 for each bond issued, redeemable at face value.
Please find the prospectus relating to the Bond Issue here
Business Overview
The Group, through its various Subsidiaries, is primarily engaged in two core business activities across distinct sectors:
- Property Rentals: This activity involves the acquisition and/or development of real estate properties, which are subsequently rented out to third parties across various markets, including residential, office, and other commercial sectors.
- Real Estate Development and Sales: This segment focuses on identifying, acquiring, designing, developing, and ultimately selling real estate projects of different scales.
Use of Proceeds
The funds raised through the Bond Issue will be utilized by the Issuer to extend a loan facility to the Guarantor, which will be allocated as follows:
- Approximately €25,000,000 will be directed towards refinancing existing bank facilities.
- Around €8,000,000 will finance development costs associated with investment property projects.
- About €16,100,000 will cover general corporate funding needs.
- An estimated €900,000 will be allocated to the costs related to the bond issue.
How to Apply:
There are no fees to apply, this includes both nominee and non-nominee (certificated) applications.
If you are interested in participating in the Bond Issue and need to fund your account with us, we strongly recommend that you send a bank transfer to the IBAN provided on your account for fast straight-through processing. This can be found easily on your portfolio and statement reports or via the Moneybase platform. Please contact customer care if you are unable to locate this. You can also fund your account by card through the Moneybase platform.
Online
Our award-winning platform, Moneybase is available as an app on both Android and IOS app stores and on the web.
Should you prefer to apply online, kindly look up the following instrument on Moneybase and specify the amount of bonds for which you would like to subscribe:
The minimum application amount is €5,000 and in multiples of €100 thereafter.
Advisory
Financial Advisory clients who wish to seek financial advice or who prefer to speak to their financial advisor can fund their account and visit one of our branches (Birkirkara, Mosta, Sliema and Fgura) or contact us via email at [email protected], calling us on +356 25 688 688 or through cc.com.mt/contact/.
If you need assistance our ISO-certified customer care team is available to assist 7 days a week.
Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).
Marketing Communication: The value of the investment can go down as well as up. Prospective investors wishing to subscribe to the bonds should make their own assessment and carefully consider the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the bonds and should seek the assistance of a financial advisor if in doubt. This advertisement was approved for issue by Calamatta Cuschieri Investment Services Limited, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.
