HOM Re is structuring capital across two listed instruments to fund our Waste-to-Energy, Green Energy and Eco Hotels businesses. We are inviting qualifying investors, agents and introducers across our markets to request the full Investment Memorandum.
Three disciplines, applied to every pound and dollar in the programme, in this order and no other.
Each tranche's principal is matched to a sovereign-referenced instrument held to that tranche's own maturity — protection engineered into the structure, subject to definitive legal documentation and independent trustee control.
The capital this releases funds acquisitions only once a target has passed diligence, secured committed senior bank facilities, and cleared a minimum 15% unlevered project IRR hurdle.
Investors receive a single accreted payment at maturity, tested throughout the programme's life against a disclosed coverage discipline.
| Term | Tranche A | Tranche B |
|---|---|---|
| Listing venue | Malta Stock Exchange | Euronext Paris (admitted) |
| Programme size | USD 450.0m | USD 450.0m |
| Maturity | 31 January 2030 | 30 August 2030 |
| Principal protection | Sovereign-referenced, maturity-matched, first-ranking charge to noteholders | |
| Deployment sectors | Waste-to-Energy · Green Energy · Eco Hotels | |
| Underwriting hurdle | Minimum 15% unlevered project IRR before any capital deploys | |
Full principal matched to the sovereign-referenced instrument at funding. Target return: 7.00% IRR, single payment at maturity.
A modestly larger deployment pool funds a higher target return: 9.00% IRR, single payment at maturity, with 90% of principal protected.
Framework note. HOM Re's existing green bond programme is currently scoped to circular-economy acquisitions. Eco Hotels deployment sits alongside that programme, not within its current green-bond mandate, pending a formal framework amendment — we disclose this distinction rather than blur it.
All figures are indicative, subject to live market pricing and definitive legal documentation, and are not a guarantee by HOM Re Ltd or any third party.
Rather than pre-qualifying interest by mandate, we're opening this to the full range of investors and intermediaries our structure is built for. Real-asset backing, sovereign-referenced protection and UK green infrastructure exposure each speak to a different part of this list — you're welcome regardless of which one brought you here.
The full IM includes the financial model, coverage analysis, security documentation and indicative placement terms — released under NDA.
Company announcements — including placement updates, board and regulatory notices — will be published here as they are issued. Historic announcements will be listed in date order once available.
A note on timing. Both underlying instruments (MT0002381201 and US436844AA20) are currently listed on their respective exchanges but not yet cash-funded. This section describes the placement programme intended to fund them, and will be updated as the placement progresses. All figures on this site are indicative and subject to change.