BOV lists €50m 3.75% bond on stock exchange

From the left: Chief Business Development Officer Kenneth Farrugia and Chief Officer Investment Services Romeo Cutajar ring the bell that commences trading. (source: Bank of Valletta media)

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The Bank of Valletta’s €50m 3.75% unsecured subordinated bond 2026-2031 has been listed on the Regulated Main Market at the Malta Stock Exchange (MSE), according to a press release published by the bank.

Chief Business Development Officer Kenneth Farrugia and Chief Officer Investment Services Romeo Cutajar attended the official event at the Malta Stock Exchange to formally commemorate the first day of trading in the presence of the MSE Chairman Joseph Portelli and CEO Simon Zammit.

“Here at the Malta Stock Exchange, we consider Bank of Valletta as an esteemed major issuer. The ringing of the MSE bell has become a rite of passage on the first day of trading and we are glad to add BOV’s latest Bond Issue on the Main Market,” said Mr Portelli.

“We are very pleased to have yet another financial instrument listed on the Malta Stock Exchange. We are very proud to be able to say that Bank of Valletta has consolidated itself as a solid and rewarding investment over the years, and the prompt take up of the offer confirms that the investing public firmly believes in the strength and success of the BOV Group,” Mr Farrugia added.