Mediterranean Bank plc announced that the Listing Authority has approved the admissibility to Listing of the euro equivalent of €10,000,000 7.5% Subordinated Bonds 2019, subject to an Over-Allotment Option of the euro equivalent of an additional €2,500,000. The Bonds will be issued at par in tranches denominated in euro and pounds sterling, having a nominal value of €100 and £100 per Bond respectively.
The Bank has applied for the Bonds to be listed on the Official List of the Malta Stock Exchange.
Full details of the Issue of the Bonds are set out in the Prospectus dated 21 November 2012, copies of which will be available as of Monday 26 November 2012 from Mediterranean Bank branches and our offics respectively. A copy of the Prospectus may also be downloaded, as of tomorrow 22 November 2012, from the Bank’s website – www.medbank.com.mt.
The minimum investment for this issue will be of EUR €25,000 or £20,000 respectively.
For more information please contact one of our respective offices on +356 25 688 688, or drop by one of our branches in Valletta or Qormi.