Merkanti Bondholders Await Interest Payment Amid Cash Scramble

Merkanti bondholders left waiting for interest payment as company scrambles for cash

Merkanti Holding plc bondholders have been left waiting for their interest payment after the company failed to settle the amount when it fell due and is now scrambling to secure bridge financing against the proceeds of an asset sale. The development raises fresh questions about the financial health of the Malta-listed company and the regulatory … Continued

By Ivan Camilleri