IZI Finance plc has announced the launch of its second bond issue, marking its return to the capital markets four years after its debut listing in 2022. The bonds will be admitted to the Official List of the Malta Stock Exchange, forming part of the group’s long-term funding strategy as it continues to invest in gaming operations, technology infrastructure and international expansion.

IZI Finance is the finance arm of IZIGROUP, which operates across multiple gaming verticals including the National Lottery of Malta, the Dragonara Casino and its iGaming business. The group said the new issuance follows a strong response to its inaugural bond in 2022 and reflects its intention to support further strategic growth.

According to the company, interim results for the six months between July and December 2025 showed turnover of €561 million, up 25% year-on-year. Gaming revenues reached €53.9 million during the same period, representing a 19% increase compared to the previous year. EBITDA for the period stood at €18 million, reflecting growth of 35% year-on-year.

On a full-year basis, the group expects to surpass €1 billion in turnover for the first time in FY2026, with gross gaming revenues projected to exceed €100 million. Management has highlighted international expansion as a key strategic priority. The group aims to leverage its experience in concession-based gaming operations, particularly in lottery and land-based casino management, to secure opportunities in new jurisdictions.

Founder and Chief Executive Officer Johann Schembri said the group intends to replicate its Malta-based operating model internationally, focusing on regulated markets and long-term concession agreements.

The prospectus outlining details of the bond (including interest rate, maturity and subscription terms) has been made available through authorised financial intermediaries and on the company’s website. The offer period is scheduled to remain open until 24 March, although it may close earlier in the event of oversubscription.

IZI Finance said it remains committed to corporate governance and ongoing market disclosures in line with listing obligations. The new bond issue comes as Maltese capital markets continue to see steady issuance activity from domestic corporate groups seeking to fund expansion and refinance existing obligations