Up to €50,000,000 5.8% Unsecured Subordinated Bonds 2028-2033

Up to €50,000,000 5.8%
Unsecured Subordinated Bonds

APS Bank is pleased to announce the launch of a Bond Issuance Programme, in line with our strategy to strengthen capital and regulatory requirements.

The first series under the Programme is the issue of up to €50,000,000 5.8% Unsecured Subordinated Bonds 2028-2033. These bonds will be listed on the Official List of the Malta Stock Exchange.

The offer period is open between Monday 30 October 2023 and Friday 17 November 2023, and may close earlier at the Bank’s discretion.

Applications are accepted from Monday 30 October at all APS Bank branches or at Authorised Financial Intermediaries listed in the Final Terms.

Allocation preference will be given to existing holders of the Bank’s a) Ordinary Shares or b) 3.25% Subordinated Bonds 2025-2030 as at 23 October 2023. These investors will be receiving a pre-printed application form at their address provided in the Central Securities Depository Register.

To learn more please download the Base Prospectus and Final Terms below. Copies are also available from the Bank’s Branches and other participating Authorised Financial Intermediaries.

List of "Documents for Inspection"
as per Base Prospectus

Memorandum and Articles of Association
Interim Financial Statements – 30 June 2023
Annual Report – 31 December 2022
Interim Financial Statements – 30 June 2022
Annual Report – 31 December 2021
Annual Report – 31 December 2020

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Approved and issued by APS Bank plc (‘’the Bank’’), APS Centre, Tower Street, B’Kara BKR 4012. The Bank is regulated by the Malta Financial Services Authority (“MFSA”) as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The MFSA authorised the Base Prospectus and the admissibility to listing on the Malta Stock Exchange of the Unsecured Subordinated Bonds – Bail-in-able Instrument (‘’the Bonds’’) pursuant to the Capital Markets Rules. Prospective investors should refer to the Base Prospectus and the Final Terms (“Prospectus”) issued by the Bank, both dated 24 October 2023, which may be downloaded from the website of the Bank on apsbank.com.mt/bonds. Copies of the Prospectus are also available from Authorised Intermediaries listed in the Final Terms. The offer period is between 30 October 2023 and 17 November 2023, or earlier as may be determined by the Bank. Prospective investors are to be aware that they are about to purchase securities that are not simple and may be difficult to understand. Anyone wishing to acquire Bonds of the Bank should read the Prospectus before making any investment decision, to fully understand the potential risks and rewards associated with investing in the Bonds. The Bonds are complex financial instruments and may not be suitable for all types of investors. Authorised intermediaries may only distribute the bonds to retail clients subject to a suitability test to be performed in respect of such applicants, irrespective of the investment service being provided. Investors may lose part or all of their capital under a resolution action. The value of the investments can go up or down and past performance is not necessarily indicative of future performance. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the Bonds offered and admitted to trading on the Official List of the MSE.

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