Malta Financial Regulator Remains Silent as Merkanti Holding Misses Bond Interest Payments

Merkanti Holding plc has altered its public justification for failing to pay scheduled interest to bondholders, prompting regulatory scrutiny. The Malta Financial Services Authority has declined to confirm whether a formal investigation into the company's financial practices is underway.

27 Aug, 14:42 — 27 Aug, 14:42

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MFSA silent as Merkanti shifts explanation for missed bond payment

The Malta Financial Services Authority (MFSA) is refusing to say whether it is investigating Merkanti Holding plc as the Malta-listed company changes its explanation for failing to pay its due interest to bondholders on time. Merkanti’s latest market announcement blamed “administrative and managerial changes” for its failure to settle the annual interest due on its … Continued

By Ivan Camilleri

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Malta Financial Regulator Remains Silent as Merkanti Holding Misses Bond Interest Payments

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MFSA silent as Merkanti shifts explanation for missed bond payment

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