A ringing of the bell event took place at the Malta Stock Exchange (MSE) last Tuesday to mark the successful listing of 4.50 per cent Secured Bonds with a nominal value of €16,000,000 from The Ona on the MSE Official List.

The Ona Group is a group of business ventures based in Malta, that represents a number of leading business concerns in the hospitality, development and the marketing and distribution of a vast array of renowned brands.

On its website, it lists a mixture of retail, residential and hospitality projects, such as a leading showroom in Birkirkara, two large-scale apartment blocks and the AC Hotels by Marriott brand.

MSE CEO Simon Zammit welcomed representatives of The Ona and congratulated them on the successful take-up of this bond issue.

The Ona Director George Muscat expressed his gratitude at the outcome of the company’s issue, while CEO Albert Galea thanked those who contributed to the success of the issue, mainly MZ Investment Services Limited, who acted as sponsor, manager and registrar, along with the MSE team.

The company was founded by Cliona Muscat, a seasoned entrepreneur with a wealth of experience in the management of a number of international brands such as Women’s Secret, Springfield, Pedro de Hierro and Cortefiel.