Calamatta Cuschieri

📢 Applications now open – MGS 4.25% 2046 and MGS 3.80% 2036

There are no fees to apply. Both nominee and non-nominee orders are free of charge.

Orders can now be placed, with our Calamatta Cuschieri financial advisors or on Moneybase app.

For more info read: https://cc.com.mt/blog/company-news/mgs-july-2026-open-orders/



Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

This is a marketing communication. The information contained in this email is provided strictly for information purposes and does not constitute, nor should it be interpreted as, an offer, invitation, recommendation or solicitation to buy, sell or subscribe to any financial instrument or investment product.

Prospective investors are encouraged to read the applicable terms and conditions, Prospectus and offering documentation in full before making any investment decision. Investors should be aware that investments in financial instruments involve risks, including the possible loss of part or all of the capital invested, particularly in the event of default, insolvency and/or bankruptcy of the issuer.

The financial instruments referred to herein are intended for retail clients; however, they may not be suitable or appropriate for all investors. Investors should make their own independent assessment and seek independent professional advice regarding the suitability and appropriateness of any investment, taking into account their individual investment objectives, financial situation and risk tolerance.

The value of investments and any income derived therefrom may fluctuate and can go down as well as up. Past performance is not a reliable indicator or guarantee of future performance. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment.

Calamatta Cuschieri Investment Services Ltd, company registration number C13729, is licensed by the Malta Financial Services Authority to conduct investment services business under the Investments Services Act, Cap 370.

Malta Government Stocks Issue – July 2026 - Calamatta Cuschieri The Government of Malta has officially launched its latest Malta Government Stock (MGS) issue, offering investors the opportunity to invest in sovereign debt issued by the Government of Malta. 

BESI continues to strengthen its position as a leading global supplier of semiconductor assembly and packaging equipment, with its advanced packaging technologies playing an increasingly central role as the industry moves beyond traditional transistor scaling. As demand accelerates for higher precision assembly solutions across AI infrastructure, high performance computing and memory applications, the company is well positioned to benefit from rising equipment intensity and its strong footprint across major global manufacturing hubs.

https://cc.com.mt/blog/company-news/equity-research-besi-2026

Moneybase users can view our BUY rating and detailed valuation on the full report in-app by tapping the research story.

Not yet on Moneybase? Download the app and open an account in minutes: moneybase.com/app

This equity research document is issued by Calamatta Cuschieri Investment Services Ltd “CCIS”. Newly issued research recommendations and target prices supersede previously published research.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Investor Compensation Scheme Regulations.

Equity research: BE Semiconductor Industries N.V. (BESI) - Calamatta Cuschieri Explore new equity research on BESI's role in advanced semiconductor packaging and AI infrastructure growth.

📢 New Malta Government Stocks announced

The Government of Malta has announced the upcoming issue of two new Malta Government Stocks:

• 3.80% Malta Government Stock 2036
• 4.25% Malta Government Stock 2046

The issue prices will be announced on Thursday, 23 July 2026, with the retail subscription period closing on Wednesday, 29 July 2026.

📄 Read more and download the Offering Circular here: https://moneybase.com/blog/malta-government-bonds-stocks/malta-government-stocks-announced-july-2026

Interested in participating? Investors can apply online through the Moneybase app or web platform or speak to a Calamatta Cuschieri Financial Advisor for personalised assistance.

Our team is here to help you through the application process, whether online through Moneybase or with one of our Investment Advisors.



Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

This is a marketing communication. The information is provided strictly for information purposes and does not constitute, nor should it be interpreted as an offer, invitation, recommendation or solicitation to buy any financial instrument or investment product.

The financial instruments referred to herein are intended for retail clients; however, they may not be suitable or appropriate for all investors. Investors should make their own independent assessment and seek independent professional advice regarding the suitability and appropriateness of any investment, taking into account their individual investment objectives, financial situation and risk tolerance.

Calamatta Cuschieri Investment Services Ltd, company registration number C13729, is licensed by the Malta Financial Services Authority to conduct investment services business under the Investments Services Act, Cap 370.

Malta Government Stocks announced – July 2026 New Malta Government Stocks announced: 3.80% 2036 and 4.25% 2046. €300m issue, applications close 29 July 2026.

New Bond Issue: Endo Finance p.l.c. has announced the issuance of €23,000,000 5.75% Guaranteed & Partially Secured Bonds maturing in 2036.

Endo Group is an international shipping group specialising in the acquisition, financing, management and chartering of commercial oil tankers, with a fleet of 5 vessels trading internationally.

Investors can apply online through the moneybase or web platform or speak to a Calamatta Cuschieri Financial Advisor for personalised assistance.

https://moneybase.com/blog/news/endo-finance-5-75-bonds-2036

Our advisory and ISO-certified customer support teams are available to guide you throughout the application period.



Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

This is a marketing communication. The information is provided strictly for information purposes and does not constitute, nor should it be interpreted as an offer, invitation, recommendation or solicitation to buy any financial instrument or investment product.

The financial instruments referred to herein are intended for retail clients; however, they may not be suitable or appropriate for all investors. Investors should make their own independent assessment and seek independent professional advice regarding the suitability and appropriateness of any investment, taking into account their individual investment objectives, financial situation and risk tolerance.

Calamatta Cuschieri Investment Services Ltd, company registration number C13729, is licensed by the Malta Financial Services Authority to conduct investment services business under the Investments Services Act, Cap 370

Endo Finance p.l.c. announces €23,000,000 5.75% Guaranteed & Partially Secured Bonds maturing in 2036 Explore ENDO Finance's €23M 5.75% partially secured bonds maturing in 2036. Key details, use of proceeds, and how to apply.

🚀 New equity research on Ciena Corporation, where we assess the case for continued leadership in optical transport and data centre interconnect as AI infrastructure spending reshapes the network landscape.

https://cc.com.mt/blog/research/ciena-corporation-equity-research-2026/

Moneybase users can explore the full research in-app by tapping the research story! Not yet on Moneybase? Download the app and sign up in just a few clicks: moneybase.com/app.

This equity research document is issued by Calamatta Cuschieri Investment Services Ltd “CCIS”. Newly issued research recommendations and target prices supersede previously published research.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Investor Compensation Scheme Regulations.

The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

Equity research: Ciena Corporation - Calamatta Cuschieri Read our latest equity research on Ciena Corporation and its role in AI infrastructure and network connectivity.

Energy and Information Technology are the top two performing S&P 500 sectors in 2026, with year-to-date returns of 29.2% and 17.1% respectively. Strip both out and the index would be in negative territory.

The story has not changed. But the market is becoming more selective about which part of it delivers.

https://cc.com.mt/blog/markets-commentary/ai-energy-drive-sp-500/





This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

Calamatta Cuschieri Investment Services Ltd (C13729) is licensed by the MFSA to carry out investment services business in terms of the Investment Services Act (Cap. 370). The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

What's really driving the S&P 500 in 2026: AI, energy, and a divided market - Calamatta Cuschieri Energy and AI the only two drivers for the S&P gains this year. Read our experts' take on what it means for investors.

🚀 New equity research on Lumentum Holdings.

Lumentum continues to strengthen its position as a key supplier of optical components and photonic subsystems powering hyperscale cloud platforms and AI-focused data centres. As demand for high-speed, high-bandwidth optical connectivity accelerates alongside AI infrastructure deployment, the company is benefiting from increased adoption of 800G and emerging 1.6T architectures, rising optical content per AI rack, and ongoing hyperscaler investment in next-generation data centre and networking infrastructure.

https://cc.com.mt/blog/research/lumentum-holdings-equity-research-2026/

Moneybase users can explore the full research in-app by tapping the research story! Not yet on Moneybase? Download the app and sign up in just a few clicks: moneybase.com/app.

This equity research document is issued by Calamatta Cuschieri Investment Services Ltd “CCIS”. Newly issued research recommendations and target prices supersede previously published research.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Investor Compensation Scheme Regulations.

The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

Equity research: Lumentum Holdings - Calamatta Cuschieri Read our new equity research on Lumentum Holdings, a key player in AI optical infrastructure and what it means for long-term investors.

🚀 New equity research on Lumentum Holdings

Lumentum continues to strengthen its position as a key supplier of optical components and photonic subsystems powering hyperscale cloud platforms and AI-focused data centres. As demand for high-speed, high-bandwidth optical connectivity accelerates alongside AI infrastructure deployment, the company is benefiting from increased adoption of 800G and emerging 1.6T architectures, rising optical content per AI rack, and ongoing hyperscaler investment in next-generation data centre and networking infrastructure.

https://cc.com.mt/blog/research/lumentum-holdings-equity-research-2026/

Moneybase users can explore the full research in-app by tapping the research story! Not yet on Moneybase? Download the app and sign up in just a few clicks: moneybase.com/app.

This equity research document is issued by Calamatta Cuschieri Investment Services Ltd “CCIS”. Newly issued research recommendations and target prices supersede previously published research.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Investor Compensation Scheme Regulations.

The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

Moneybase

📢 New Bond Issue: International Hotel Investments p.l.c. (IHI), the holding company of the renowned Corinthia Group, has announced a rollover offer for eligible holders of its maturing 4% IHI Bonds 2026. Eligible bondholders may exchange their holding into the new 5.25% Unsecured Bonds 2036.

Holders of the maturing IHI Bonds 2026 interested in the rollover issue may contact our Moneybase team or their Calamatta Cuschieri Financial Advisor for assistance regarding the offer.

For more information, including the Base Prospectus and Final Terms, visit https://cc.com.mt/blog/local-news/ihi-p-l-c-30-million-5-25-unsecured-bonds-2036/



Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

This is a marketing communication. The information is provided strictly for information purposes and does not constitute, nor should it be interpreted as an offer, invitation, recommendation or solicitation to buy any financial instrument or investment product.

The financial instruments referred to herein are intended for retail clients; however, they may not be suitable or appropriate for all investors. Investors should make their own independent assessment and seek independent professional advice regarding the suitability and appropriateness of any investment, taking into account their individual investment objectives, financial situation and risk tolerance.

Calamatta Cuschieri Investment Services Ltd (C13729) is licensed by the MFSA to carry out investment services business in terms of the Investment Services Act (Cap. 370). The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

International Hotel Investments p.l.c. announces €30 million 5.25% Unsecured Bonds maturing in 2036 - Calamatta Cuschieri Explore IHI p.l.c €30M 5.25% unsecured bonds maturing in 2036. Key details and how to apply on Moneybase.com

🚀 New research on SpaceX IPO.

SpaceX commands the majority of global orbital launches, leads satellite internet through Starlink, and is now expanding into AI infrastructure. The business is exceptional. But with a potential IPO on the horizon, our latest research takes an independent look at SpaceX's business to assess whether the reported IPO price reflects the full picture.

Read the full research to see where we stand.

https://cc.com.mt/blog/company-news/Spacex-ipo-expert-analysis/

Moneybase users can view our detailed valuation on the full report in-app by tapping the research story.

Not yet on Moneybase? Download the app and open an account in minutes: moneybase.com/app

This equity research document is issued by Calamatta Cuschieri Investment Services Ltd “CCIS”. Newly issued research recommendations and target prices supersede previously published research.

The financial instruments discussed are intended for retail clients however, they may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein. The value of the investment may go down as well as up and may be affected by changes in currency. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. Any performance figures quoted refer to the past and past performance is not a guarantee nor a reliable guide to future performance.

This information is being provided solely for information purposes and should not be deemed or construed as investment advice, tax, legal, or any other ancillary regulatory advice. CCIS does not accept liability for actions, proceedings, costs, demands, expenses, damages, and losses suffered by persons as a result of information, views, or opinions appearing in this document.

All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Investor Compensation Scheme Regulations.

The company is a subsidiary of Calamatta Cuschieri Moneybase plc and is registered at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.

Expert analysis: SpaceX IPO - Calamatta Cuschieri One of the world's most remarkable businesses is heading for an IPO. Here is what our research says about the valuation.