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Prospect News home > News index > List of issuers C > Headlines for CPI Property Group > News item
Published on 1/7/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

CPI Property to call dollar notes due 2023, euro notes due 2024

By Rebecca Melvin

Concord, N.H., Jan. 7 – CPI Property Group announced plans to exercise call options for $450 million 4¾% notes due March 8, 2023 (ISIN: XS1955030280) and €825 million 2 1/8% notes due Oct. 4, 2024 (ISIN: XS1693959931).

Currently there is $376,893,000 outstanding of the 2023 notes and €239,405,000 outstanding of the 2024 notes.

The calls are contingent on receipt of sufficient proceeds from the issuance of the new sustainability-linked notes, expected to price on Jan. 10, according to a market source on Friday.

CPI Property is a Luxembourg-based real estate company focused on property investments in Central and Eastern Europe.


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