Hili Finance Company plc Opens New Bond Issue
Hili Finance Company plc, the financing arm of the diversified Hili Ventures group, has today, January 7, 2026, opened a new €60 million bond issue to investors in Malta. The unsecured bonds carry an attractive annual interest rate of 5% and are set to mature on February 6, 2033. This issuance has received approval from the Malta Financial Services Authority (MFSA) and is slated for admission to the Official List of the Malta Stock Exchange on February 16, 2026.
Investment Details and Allocation
The bonds are issued at a nominal value of €100 each, with a minimum investment requirement of €3,000. The offer period is scheduled to close on January 28, 2026, or earlier if the issue is oversubscribed. Preferential access to subscribe has been granted to existing bondholders of Premier Capital plc, who have the option to exchange their current holdings for the new bonds. Additionally, holders of other Hili Ventures group securities will also receive preferential treatment. A portion of the bond issue is also available for subscription by the general public.
Purpose of the Funds
The net proceeds from this bond issue, estimated at approximately €59 million, will be on-lent to Hili Ventures Limited and its subsidiary companies to fuel their ongoing investment strategy and facilitate further growth. Key initiatives to be supported by these funds include:
- The expansion of iSpot's retail operations in Poland, which is Hili Ventures' Apple Premium Reseller business.
- The refurbishment of a boutique hotel overlooking Valletta's Grand Harbour.
- The acquisition of a property in Ħamrun.
- Refinancing of existing Premier Capital bonds.
Hili Ventures: A Diversified International Group
Hili Finance Company plc operates as the dedicated financing vehicle for Hili Ventures, a privately owned Malta-based group with a rich entrepreneurial heritage dating back to 1923. The group boasts a significant international presence, with operations spanning across 10 countries in Europe and North Africa, and employing over 13,000 people. Hili Ventures' diverse portfolio encompasses various sectors, including food service, retail, real estate, hospitality, shipping, engineering, and technology. In 2024, the group's revenue surpassed €1 billion. Geoffrey Camilleri, Chairman of Hili Finance Company, commented on the issue, stating, 'This €60,000,000 bond issue offers the market an opportunity to invest in a company that has grown from its Maltese roots into a diversified international business, guided by a clear long-term strategy.'
5 Comments
Katchuka
Another bond issue. Just more corporate debt, not real innovation.
Eugene Alta
It's encouraging to see a Maltese company like Hili Ventures expanding internationally with these funds. Yet, rapid expansion can sometimes strain management capacity and resources if not carefully executed.
Loubianka
Diversified portfolio and clear strategy. Looks like a smart move for long-term investors.
BuggaBoom
Hope they actually use the money wisely, not just for more acquisitions.
Kyle Broflovski
The preferential access for current bondholders is a smart way to secure initial subscriptions. However, it might deter new retail investors who feel they're not getting an equal chance to participate.