Last day of trading for BOV 8% USD bonds on 8 September

Bank of Valletta (BOV) has announced that it would be redeeming the outstanding 8% USD Bonds 2010 on 2 October 2010.

25 August 2010, 12:00am
by Charlot Zahra

A company announcement by company secretary Catherine Formosa shortly before 2pm today at the Malta Stock Exchange (MSE) announced that the last date of trading in these bonds on the exchange should be Monday 6 September 2010.

In this respect, the bondholders appearing on the register as at close of business on Friday, 10 September 2010, would receive payment of principal and final interest on 2 October 2010.

The bank explained that the redemption of these ten-year bonds was taking place “in terms of the prospectus dated 7 September 2000”