Last Updated on Monday, 31 July, 2023 at 4:20 pm by Andre Camilleri
ClearFlowPlus plc, a subsidiary of the Water Services Corporation announced the issue of Malta’s very first green bond on Friday 21 July.
Calamatta Cuschieri, the sponsor, manager and registrar for this bond issue is proud of its association with this key milestone in Malta’s capital markets. The European green deal has underlined the need to better direct finance and capital flow to green investments and green bonds which play an increasingly important role in financing assets for the low-carbon transition.
Ever cognisant of this increasingly important sector Calamatta Cuschieri is fully dedicated to seeing this sector grow. Patrick Mangion, Head of Capital Markets said, our association with Malta s first green bond is a further testament to our commitment to ESG and our ever-growing stature in the capital markets sphere in Malta.
Nick Calamatta, co-CEO of Calamatta Cuschieri Group also commented that ‘Over the past years Calamatta Cuschieri have brought a number of firsts to the markets. This includes being the first company to sponsor bonds related to the online gaming, tanker, and pharmaceutical industries. We are now extremely proud to be appointed sponsoring Broker & Manager to Malta’s first green bond that will be listed on the Green Bond List of the Malta Stock Exchange. This clearly outlines our commitment to further diversify the industries which list locally, to continue to support local businesses and to offer new and diversified investment opportunities for the local investing community.’
Calamatta Cuschieri Finance Group is one of Malta’s largest financial services provider which pioneered the local financial services industry as early as 1971. Today the company offers a wide range of services including Investment Advice, Moneybase a digital platform that offers online investing and payments, saving plans, retirement planning and wealth management services amongst others.
More information is available on Calamatta Cuschieri’s website: www.cc.com.mt. Clients are also welcome to get in touch on +356 25 688 688, via email at firstname.lastname@example.org, or by visiting one of the branches located in Birkirkara, Sliema, Fgura, and Mosta.