Mediterranean Bank is currently accepting applications for a new local corporate bond, issued by SD Finance plc. This bond issue was authorised by the Malta Financial Services Authority on 27th March 2017.
The following are the highlights of the issue:
- • Total aggregate amount of issue is €65,000,000
- • Minimum denomination is €2,000 and integral multiples of €100 in excess thereof
- • Interest rate is 4.35% per annum payable on the 25th April of each year
- • The bonds are unsecured
- • The bonds are guaranteed in respect of both the interest and the principal amount by SD Holdings Limited, the parent company of SD Finance plc
- • The bond issue price is €100 per bond (at par)
- • Redemption date is 25th April 2027
Prospective investors are requested to read the Prospectus dated 27th March 2017.
Should you be interested to apply, please visit one of our branches. Alternatively you may contact us on (+356) 2557 4400 or send an email to email@example.com.
The information set forth above is for informative purposes only and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and conditions governing the relevant investment(s) prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue. Prior to investing in any instruments, investors should seek advice from an appropriately authorised financial advisor. Mediterranean Bank plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. Mediterranean Bank plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect on your investment. Mediterranean Bank plc is regulated by the Malta Financial Services Authority under the Banking Act and the Investment Services Act. This material is intended only for the use of the reader and shall not be reproduced in any way, whether in whole or in part, by the reader. Any unauthorised disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.