Halmann Vella group announces oversubscription of €23,000,000 5.35% secured bonds 2031–2034

Halmann Vella is pleased to announce that its €23,000,000 5.35% Secured Bonds 2031 – 2034, as detailed in the prospectus dated 28 June 2024, has been fully subscribed.

As a result, the Intermediaries’ Offer scheduled for 26 July 2024 will not take place. The basis of acceptance and allocation policy will be announced by no later than 26 July 2024.

Kevin Rapinett, Group CEO of Halmann Vella Group, said: “The strong confidence in the company's vision and strategic direction is truly encouraging. I express my gratitude to the trust shown in the Group by its loyal bondholders, our team of advisors and the support received from financial intermediaries.” 

This achievement coincides with a significant milestone for Halmann Vella, as the company celebrates its 70th anniversary. Over the years, Halmann Vella, a leading provider of natural stone products, has evolved from a family-run business into an established Group that harmoniously blends professional management with foundational family values, whilst broadening its horizons through a strategic property portfolio.  

With a dedicated workforce of over 200 employees, Halmann Vella operates from two of the industry's largest manufacturing facilities, featuring the latest technology and a state-of-the-art showcase of natural stone. The company's portfolio, which spans from historic landmarks to contemporary projects, stands as a testament to an unwavering pursuit of architectural excellence and a lasting impact on Malta's landscape.

Halmann Vella remains committed to continuous investment and growth, maintaining its leadership in research, quality, and innovation. Environmental stewardship is a cornerstone of the company's ethos, with a dedication to minimising the ecological footprint through innovative initiatives, ensuring the creation of sustainable architecture for a greener tomorrow.

For more information, please visit www.halmannvella.com / www.hmvellagroup.com

About Halmann Vella

Leading provider of natural stone products and a wide spectrum of related services. Vast selection of marble, granite, travertine, onyx, quartzite, hardstone, composite stone, exposed aggregate, porfido, quartz and ceramic.