PLAN Group p.l.c. has announced that its €11.8 million 5.10 per cent secured bonds which are due between 2028 and 2030 under Tranche 3 has been fully subscribed.
In an official announcement, the company confirmed that the bond tranche was completed in accordance with the base prospectus dated 17th October 2025 and the final terms dated 9th September 2026.
This third tranche of €11.8 million secured bonds will be used to part-finance the construction and development of two sites, one in Qawra (with €5.16 million to be allocated) and one in Birżebbuġa (with €6.16 million to be allocated).
The Tranche 3 bonds were allocated to authorised financial intermediaries through subscription agreements entered into during the respective offer period.
The bonds are expected to be admitted to the Official List of the Malta Stock Exchange on 13th October 2026, with trading scheduled to commence on 14th October 2026. Interest on the secured bonds at a rate of 5.10 per cent commenced on 6th October 2026.
On 27th November 2026, the first interest payment date, the Tranche 3 bonds will merge with PLAN Group’s existing €28.2 million 5.10 per cent secured bonds due between 2028 and 2030.
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Julia Falzon
Julia is a business journalist at Content House, exploring the stories behind the numbers, the people behind the companies, and the ideas shaping the world of business. Outside journalism, she enjoys reading, watching movies, and taking long walks for reflection and inspiration.
