AGB Finance plc has announced that it has formally constituted the collateral securing its recently issued €8.7 million Tranche 1 Series 2/2026 bonds, completing a key step following the successful conclusion of the bond offer.
The company confirmed that the bond issue, which carries an annual interest rate of 5.7 per cent and matures in June 2036, was fully subscribed and admitted to the Official List of the Malta Stock Exchange on 25th June 2026.
In a company announcement issued on Wednesday (yesterday), AGB Finance said the security package has now been formally established in favour of Finco Trust Services Limited, acting as Security Trustee.
The collateral consists of a first-ranking special hypothec over the Corks Hotel, together with any future improvements, for an amount of €5 million, as well as a first-ranking special hypothec over the Sliema Development Site, including future improvements, for €4.3 million.
The security was constituted through a public deed signed before Notary Demi Caruana on 1st July 2026 between AGB Finance, guarantor AB Investments Ltd and Finco Trust Services Limited. As part of the transaction, AGB Finance also granted the issuer-guarantor loan to AB Investments using the proceeds raised through the bond issue.
Main Image:AGB Finance plc's 19 Rooms Valletta Hotel / agb.com.mt
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Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.
