db Group has announced the launch of the second trance of its €60 million unsecured bond issuance programme, following the full subscription of its initial €33 million tranche.

Through its finance arm SD Finance p.l.c., the Group will offer up to €20 million in 5.20 per cent unsecured bonds redeemable in 2031. They will be issued at par and offered for subscription through authorised financial intermediaries.

This new tranche forms part of the same bond programme that was approved by the Malta Financial Services Authority in October 2025 and will be fully fungible with the existing bonds already in issue.

The bonds are guaranteed by SD Holdings Limited, the Group’s parent company.

db Group CEO Robert Debono said the second tranche reflects continued confidence in the Group’s long-term strategy.

db Group owns Seabank Resort & Spa and the San Antonio Hotel & Spa, with Hard Rock Hotel Malta Ora Residences in  St George’s Bay set to be added to their portfolio.

It is also the local franchise operator of Starbucks and owns a number of restaurants, including Aki (in Malta and London), Loa, Amami, Verani, and Nine Lives.

For the year ending March 2025, db Group reported a turnover of €99.2 million, a net profit of €18.6 million, and total assets of €591 million.