On 4 October 2025, SD Finance plc published a Base Prospectus and Final Terms in relation to the issuance of €33 million 5.20% unsecured bonds maturing in 2031. The bonds form part of a €60 million bond issuance programme and are guaranteed jointly and severally by SD Holdings Limited (the “Guarantor”) which is the parent entity of the db Group.
Holders of the existing €65 million 4.35% unsecured bonds 2027, as at 30 September 2025, are being granted preference to subscribe for the new bonds. The offer period runs from Tuesday 7 October 2025 till Friday 24 October 2025 but may close earlier in the event of over-subscription. Any amounts not taken up by preferred applicants will be available for subscription by the Authorised Financial Intermediaries listed in Annex II of the Final Terms through an Intermediaries’ Offer.
The net proceeds from the bonds will be advanced to the Guarantor to cover inter-company loans originally provided to Group subsidiaries for the acquisition of the Xemxija Bay Hotel (€7 million) and the development of St George’s Bay Project (€20 million). Moreover, approximately €5.40 million will be used by the Guarantor for general corporate funding purposes.
Downloads:
Base Prospectus dated 3 October 2025
Final Terms dated 3 October 2025
Investor Presentation dated 6 October 2025
Important Information:
This advert is intended for the general public and 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. Prospective investors should consider all information contained in the Base Prospectus and Final Terms and be aware of the potential risks of investing in the Bonds before making an investment decision. Investors may get back less than their initial investment.
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 Sponsor to SD Finance plc and is an authorised financial intermediary to this bond issue.