Issue link: https://maltatoday.uberflip.com/i/744537
47 Events maltatoday, SUNDAY, 30 OCTOBER 2016 McDonald's developmental licencee Premier Capital launches €65 million bond issue PREMIER Capital plc, the Mc- Donald's division of Hili Ven- tures, has launched a €65 mil- lion bond issue maturing in 2026. The unsecured bonds, at a nominal value of €100 per bond issued at par, bear an an- nual interest rate of 3.75%. Premier Capital plc is giv- ing preference to holders of the current €24.6 million 6.8% Bonds 2017-2020 who are on the register on October 21, 2016 to subscribe to this new bond issue by surrendering their exchangeable bonds. Ex- isting bondholders opting to exchange their holding will continue to earn an effective rate of 6.8% until March 15, 2017. Bonds remaining in issue as at March 16, 2017 will be re- deemed. P r o c e e d s from the new bond issue will be used to repay bank facilities in Malta and Latvia, part- ly repay bank facilities in Ro- mania, and part- finance the projected capital expenditure to open new McDonald's restaurants and renovate existing stores in 2017. Premier Capital plc is the De- velopmental Licencee for Mc- Donald's in the Baltic states, Greece, Malta and Romania. It currently operates 133 res- taurants in six countries. The restaurant network includes 68 Drive Thru and 40 McCafe operations. More than 100 million cus- tomers are served at McDon- ald's restaurants operated by Premier Capital plc every year, thanks to an international team of 7,000 people. The Pre- mier Capital Group realises €230 million in annual turno- ver. The first three McDonald's restaurants opened in Malta in 1995, growing to win 70% market share in the quick ser- vice restaurant sector. Premier Capital was established in 2005 and took over the Malta operation before acquiring the Developmental Licence for McDonald's in Estonia, Latvia and Lithuania in 2007 and in Greece in 2011. In January this year, Premier Capital plc was granted the Developmental Licence for McDonald's in Romania, its largest market to date, with a network of 68 restaurants in 21 cities and 4,000 people. More information about Pre- mier Capital plc's bond issue is available from the Prospectus dated October 21, 2016, which is downloadable at www.pre- miercapital.com.mt or avail- able from authorised financial intermediaries. Application forms are avail- able from October 26 from authorised financial interme- diaries. Subscriptions open on November 14 and close on November 16, or earlier if the bond issue is over-subscribed. Interest on the bonds com- mences on November 23, 2016, and refunds of unallocated monies will be made by November 30. The bonds are expected to be admit- ted to The M a l t a Stock Ex- change on N o v e m - ber 30 and trading is expected to commence on December 1. Pre- mier Capital plc will announce the basis of ac- ceptance of applications and the allocation policy to be adopted by not later than Fri- day, November 23, 2016. Premier Capital plc is the De- velopmental Licencee for Mc- Donald's in Estonia, Greece, Latvia, Lithuania, Malta and Romania, serving a 100 mil- lion customers every year and generating revenue of €230 million annually. A team of more than 7,000 people oper- ates over 130 McDonald's res- taurants in major locations, including 68 McDrives and 40 McCafe operations. Under an ambitious investment pro- gramme, Premier Capital will open additional restaurants and remodel several others across its footprint over the next three years. Premier Capital is the Mc- Donald's division of Hili Ven- tures, the group headquar- tered in Malta and present in 10 countries from the Medi- terranean and North Africa to Central and Eastern Europe. Hili Ventures is engaged in multi-sited operations in part- nership with McDonald's and Apple, logistics, engineering, technology, and property with a total staff complement of 8,000 people. New APS publication features paintings by intergenerational artists THE third and final publication of APS Bank 's three-year project Two Generations of Maltese Ar- tistic Families was launched on Thursday, October 20th at the APS Head Office in Swatar. This volume features the late Giuseppe Cassar and his daugh- ter Maria Rossella Dalmas, as well as Albert Joseph Caruana and his daughter Doranne Al- den Caruana. Works by each of the four artists are also on ex- hibit at the APS Head Office. While inaugurating the exhi- bition, Mr E.P. Delia, Chairman of APS Bank, said that the com- mon thread between these four artists is the way in which they edged themselves gradually to- wards art which "was initially a pastime but became a vocation". Dr Louis Laganà, exhibition curator and book editor, spoke of how Cassar, Dalmas, and the Caruanas contribute to the evo- lution of landscape painting in Malta, and although they "de- pict a topographical and varied representation of the Maltese landscape, they focus on the heritage and identity of what is Maltese". The book may be purchased for €25 either from the APS Head Office in Swatar or on- line from http://apsbank.trol- leymania.com/. The exhibi- tion is open to the public until Thursday, December 1st, 2016. Opening hours are from Mon- day to Friday between 08.15hrs and 13:30hrs and on Saturdays between 8.15hrs and 11.45hrs. Admission is free. Doranne Alden Caruana and Albert Joseph Caruana Nestlé Malta takes part in children's story telling IN one of the activities to com- memorate Nestlé's 150th anni- versary, Nestlé Malta hosted an animated children's story telling event at the President's Kitchen Garden in Attard. Nestlé Malta's Marketing & Corporate Communications Manager, Alfred J Borg, ex- plained that "Nestlé Malta is constantly encouraging, through its communication and activities, a balanced and healthy lifestyle. During this particular year, we are further promoting other as- pects of life, such as promoting reading and the importance of literacy amongst young children. By focusing on animated story telling, we are encouraging our children to acquire a love for reading. Organizing this at the President's secret garden further enhances the right ambience to this activity" This enchanting story tell- ing event took place on Satur- day, 22nd October from 9:00 to 11.00am. On arrival the chil- dren were escorted to the secret garden by the President's person- nel where Nestlé Malta employ- ees read abstracts from It-Tif la tal-Barnuza Hamra, Il-Fenek u I-Fekruna, Tom Sawyer, Heidi, Treasure Island, and Around the world in 80 days. The stories were read in both English and Maltese while animators acted various role plays. 2017 Harley Davidson Low Rider S conquers our roads DUBBED as the Back Alley Brawler, the 2017 H-D Low rider S is a combination of Dark Custom style and in- credible performance. When the Low Rider S made its first appearance on the market 40 years ago, it pushed the limits of factory design to higher levels never achieved before, and the new model is now taking the genre to an all-powerful new edge. Its sig- natory bold black presence has been accentuated by means of gold accents, like the tank badge and pinstripe, together with a match- ing split five-spoke cast aluminum wheels. From the fixed speed screen in the front to the chopped fender in the rear, it is raw custom style turned into dark metal, but its major component is the blacked- out Screaming Eagle Air-Cooled Twin Cam 110 engine. Pre- mium front and rear suspen- sion, tall bars, scooped seat and mid-mount controls are all responsible for that ag- gressive riding position, and they are all blacked out! This bike is highly maneuverable, and with its style and perfor- mance it is entirely what one could ask for a Harley. Fapi Motors is primarily in- volved in the importation and distribution of Harley-David- son motorcycles and accessories. Send an e-mail to info@FapiMo- tors.com.mt or visit the showroom in Imdina Road, Attard, for more information.