Central Business Centres plc (CBC) has confirmed that investors have approved an extension on the redemption of its €3.25 million Zero Coupon Unsecured Callable Notes 2025.

The noteholders’ meeting, held on Thursday (today), saw resolutions passed to extend both the full-term redemption date and the callable period to 28th February 2026.

The bond, originally set for redemption on 31st August 2025, was issued last year under an Offering Document dated 13th August 2024.

The CBC had asked investors for more time to repay the debt, explaining that it is “actively pursuing” a long-term financing solution to cover recent property acquisitions, its existing debts, and a promise-of-sale agreement signed in July for an additional commercial property.

CBC, established in 2014, invests in commercial real estate and generates revenue through rental agreements. Its €75 million portfolio includes six commercial properties such as the Savoy Arcade in Valletta, a Żebbuġ property housing a Lidl supermarket, and business centres in Gudja, St Julian’s, Valletta, Żebbuġ, and Mrieħel.

The company is also scheduled to redeem another bond – the 5.25 per cent Central Business Centres plc Unsecured 2025 S2T – in December 2025.

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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.