IZI Finance plc, the finance arm of IZIGROUP, announced it has received regulatory approval from the Malta Financial Services Authority (MFSA) for a €30 million bond issue.
The gaming operator had announced its plan for a bond issue last January, stating that the funds will be used to support its international expansion.
Now the MFSA has given its green light, IZIGROUP will offer up to €30 million in 5.5 per cent unsecured bonds, redeemable in 2036.
They will be available for subscription from 3rd March to 24th March to all categories of investors, subject to a minimum application of €2,000.
IZIGROUP holds concessions for the National Lottery and the Dragonara Casino and operates a number of gambling parlours under the IZIBET brand.
It has seen notable growth in recent years, registering a 175 per cent increase in profit before tax in 2025 to reach €7.1 million – well above its own projections.
The company has long eyed international expansion, saying in December 2024 that it is strongly focusing on opportunities in historical horse racing, land-based casinos, and video lottery terminals.