Updated 5.20pm with chairman statement
Hili Finance’s latest €60 million bond offer has been oversubscribed and will be closing to offers almost three weeks ahead of schedule.
The company announced the bond uptake in a company announcement on Friday afternoon.
Hili opened the bonds to offers just two days ago, saying it was seeking money to invest in its various group subsidiaries to help them grow.
The unsecured 5% bonds are guaranteed by Hili Ventures and will mature in 2033.
Their offer period opened on January 7 and was initially due to run until January 28. But given the enthusiastic take-up, Hili says it will now close the offer period at 5pm on Friday, January 9.
“In view of the above, the basis of acceptance of the Bonds shall be brought forward and shall be communicated by the Company by latest January 20, 2026,” the company said as it thanked investors and authorised financial intermediaries for their support in the bond issue.
The bonds will be listed on the Malta Stock Exchange by February 16.
Hili Finance chairman Geoffrey Camilleri said the strong uptake was a “clear vote of confidence in the group’s strategy, governance and long-term outlook.
“We are grateful for the support shown by both retail and institutional investors, which enables us to accelerate investment across our portfolio, driving sustainable growth for the future,” Camilleri said.
It is the company’s fifth concurrent bond issue on local markets, following four other bond issues totalling €250 million launched in the past years.
Hili Finance Company is the financing arm of Hili Ventures, a privately owned Malta-based group with operations across 10 countries in Europe and North Africa, employing more than 13,000 people across food service, retail, real estate, hospitality, shipping, engineering, and technology.
The group intends to use the €60 million raised to finance the growth of its various businesses, including the iSpot chain of Apple reseller outlets in Poland, as well as to finance a property acquisition in Ħamrun and refurbishment of a boutique hotel in Valletta.
