On 15 February 2025, Best Deal Properties Holding p.l.c. published a Prospectus in relation to the issuance of €7 million 5.35% unsecured bonds redeemable in 2032. The Prospectus is available for viewing from here.
The net proceeds from the bonds will be used for the excavation, development, construction, and completion of the Paola Development (€4.5 million), and for general corporate funding purposes (€2.2 million).
The bonds are expected to be admitted to listing on 27 February 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. Investors may get back less than their initial investment. Prospective investors are urged to consider all information contained in the Prospectus and consult a financial adviser before making an investment decision. MZ Investments is acting as Sponsor, Manager, and Registrar to Best Deal Properties Holding p.l.c., and is an authorised financial intermediary to this bond issue.
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).