Mediterranean Maritime Hub Finance plc has announced that a binding agreement has now been signed between the MMH Group shareholders (the Guarantor) and the unnamed investor consortium seeking to acquire a 49 per cent minority stake in the group. The current shareholders will retain a 51 per cent holding.

In its latest company announcement issued on Wednesday (today), the company said the investment–once completed–remains intended to prioritise the redemption of the €15 million MMH bond maturing in October 2026, together with interest accrued up to the redemption date. This commitment mirrors the company’s earlier assurances to the market and follows months of uncertainty over the Group’s refinancing prospects.

The transaction is expected to be finalised by end of April 2026, subject to due diligence and the necessary regulatory approvals. No details were provided regarding the identity or sector profile of the incoming investors.

In a development closely watched by bondholders, the company also confirmed that its audited 2024 financial statements and interim results for the first half of 2025 are expected to be published on 18th December 2025. Board meetings for both MMH Finance plc and the Guarantor have been scheduled for that date to discuss–and potentially approve–the accounts.

The statements are significantly overdue, following multiple extensions throughout 2025. Their publication is expected to provide long-awaited clarity on MMH’s financial position and its ability to meet future obligations.

The binding agreement marks the strongest indication so far that the Group may secure the capital required to avoid a bond default–a scenario that had loomed earlier this year after MMH admitted it needed alternative financing options and had failed to conclude discussions with a previous investor group.

Last week, MMH confirmed it had received a “firm offer” from local investors to join existing shareholders in injecting funding into the business, shortly after efforts to negotiate a termination of its concession with the government fell through.

Bondholders will now be looking to the upcoming financial statements and further updates on the investment process, which the company says it will issue “as and when necessary”.