Mediterranean Investments Holding is issuing €20 million worth of unsecured bonds with a coupon rate of 5.5 per cent, maturing in 2020. Subject to MFSA approval to admissibility, the net proceeds from the new bonds will be used to redeem its €20 million 7.5 per cent bonds, maturing this year. Preference will be granted to holders of the 7.5 per cent bonds. www.mihplc.com