Hili Finance Company plc has announced that it is expecting regulatory approval “over the coming weeks” for its planned €60 million unsecured bond issue maturing in 2033, with the launch scheduled for 7th January 2026, subject to the Malta Financial Services Authority’s (MFSA) authorisation.
The update follows an earlier statement issued on 9th October, in which the company confirmed that it had applied for admissibility to listing for the new bonds. The instruments will carry a 5 per cent annual interest rate and a nominal value of €100 per bond, and will be guaranteed by Hili Ventures Limited.
According to the announcement, the issue will be open to all investor categories, including the general public, with a minimum application amount of €3,000. However, allocations will follow a structured three-tier framework:
- €32.5 million reserved for Premier Capital bondholders
Bondholders of Premier Capital plc appearing on the register as at 9th December 2025, with the trading session of 4th December 2025 serving as the cut-off date, will be given preference through an Exchangeable Bond Transfer mechanism. They will be able to subscribe up to the value of their existing holdings, with the option of a cash top-up.
- €17.5 million reserved for additional applications and Preferred Applicants
This tranche – together with any unallocated balance from the first category – will be available to:
- Premier Capital bondholders applying for amounts beyond their existing holding
- “Preferred Applicants”, including shareholders, directors, and full-time employees within the Hili Ventures group, and holders of listed securities issued by Harvest Technology p.l.c., Hili Properties p.l.c., and Hili Finance Company plc, as at the cut-off date
These applicants will rank pari passu, with no priority over one another.
- €10 million available to the general public
Any remaining balance after the first two categories will then be made available to retail applicants, also ranking pari passu.
The company noted that full details will be provided in the prospectus once MFSA approval is granted.
Strong recent activity across Hili Group’s capital markets footprint
The planned issue comes shortly after Hili Properties plc redeemed its €37 million 4.5 per cent Unsecured Bonds 2025 in October, marking the completion of its latest bond cycle.
That redemption followed a robust interim performance, with the company reporting higher operating profit, EBITDA and profit before tax for the first half of 2025.
The Hili Group has also seen strong historical demand for its fixed-income instruments. In 2024, the €80 million five-year bond issued by Hili Finance Company was oversubscribed within hours of opening – signalling strong market confidence in the group’s creditworthiness and the guarantee structure provided by Hili Ventures.
