On 2 June 2025, Bank of Valletta p.l.c. (“BOV”) published the Final Terms relating to the issuance of up to €150 million in Series 2 Tranche 1 5.00% unsecured subordinated bonds, maturing between 2030 and 2035, as part of its Unsecured Euro Medium Term Bond Programme.

An amount of €50 million is reserved for subscription by BOV bondholders, shareholders, and employees; €35 million is reserved for subscription by professional clients and eligible counterparties; and the remaining portion of €15 million is reserved for subscription by the general public.

Applications by retail clients are subject to a suitability assessment by the authorised financial intermediary and subject to a minimum subscription amount of €10,000.

The offer period closes on 27 June 2025 or earlier. The bonds are expected to be admitted to listing on 14 July 2025.

Downloads:

Base Prospectus dated 11 October 2024

Final Terms dated 2 June 2025

Important Information:

This post is intended for the general public and is for information purposes only. The contents should not be construed as investment advice or an offer or agreement to buy or sell investments. The value of investments can go down as well as up and past performance is not necessarily a guide to future performance. The financial instrument referred to in this post is classified as complex for the purposes of MIFID II and is subject to BRRD II resolution regime. As a result, the Bonds may not be suitable or appropriate for every investor. Retail investors may only subscribe for Bonds after passing a suitability assessment. Investors may get back less than their initial investment. Prospective investors are urged to consider all information contained in the Base Prospectus and Final Terms and consult a financial adviser before making an investment decision.

M.Z. Investment Services Limited of 63, MZ House, St Rita Street, Rabat RBT 1523, Malta, is regulated by the Malta Financial Services Authority and licensed to conduct investment services business in terms of the Investment Services Act (Cap. 370 of the Laws of Malta).

MZ Investments is acting as an authorised financial intermediary to this bond issue.